🅱️ (₿) Money Tightening vs Money Easing | Nothing Else PossibleFriends, please, spare a minute and let me ask you a few a questions...
You are a hard-working, very smart, likely good looking, adult-human being...
First, how are you doing this Saturday?
I hope everything is good with you.
Now, back to business...
Money tightening and money easing... Is that really it?
Has our reality shrink to just this, our thinking, our perception?
Has the world of market analysts been reduced to this, just one option, nothing more?
One option only, nothing more... There is either money tightening or money easing, the rest is impossible!!! Really?
Have we gotten to the point where the only thing that can possibly affect our highly messed up, highly indebted, highly intertwined global financial markets is money tightening and money easing?
No other possibilities?
Have we been so brainwashed by the media and politicians that we cannot even think about one different potential scenario?
Change!
Nothing folks, really?
Let me tell you something... Whatever it is that you are believing based on this exceedingly narrow view is not going to happen, what is going to happen is going to be something different.
The world money supply is infinite.
Bitcoin doesn't need 0.0000 whatever percent of whatever interest rate to this or to do that, the owners and creators of Bitcoin created this network with a very clear purpose in mind... They are playing the game but don't be fooled for one minute that the only possible scenario that can happen in this situation, in this lifetime is what the mainstream media has to say.
When has the mainstream media been right about finance?
When has the mainstream media been right about anything?
When has any politician made an accurate financial prediction in the history of this universe?
And now you are going to follow blindly whatever the dinosaur media has to say?
Things will change...
Get ready, adapt and prepare.
Are you going to get caught off guard?
🅱️ ₿ If 2018/19 Repeats... The Bitcoin Bottom Is In ($48,000 Within Months!)
Namaste.
Bitfinex
🅱️ ₿ If 2018/19 Repeats, The Bitcoin Bottom Is In, $48K Next!Here is the chart for what happened back in 2018/2019... I have many friends saying that they can't see a bitcoin bottom, $11k or $6k, before July because the relief rally is going to last longer than what we will expect, taking Q1 and Q2...
But if the relief rally goes for Q1/Q2 2023 then we will get a strong wave that will end in a higher low rather than a lower low, just like it happened back in 2018/2019... If this pattern repeats, the bitcoin bottom is in...
Let's have a look.
Feel free to Boost/Like! 🚀👍
Bitcoin 2018/2019 Chart
#1 | We have the capitulation event that lead to a new low in Dec 2018.
#2 | A consolidation phase takes place.
#3 | A strong relief rally takes place until June.
#4 | A higher low after the strong relief rally.
#5 | Beginning of long-term growth (2020).
Bitcoin 2022/2023 Chart
#1 | We have the capitulation event where prices are cut in half and leads to a new low in Nov 2022.
#2 | A consolidation phase takes place.
#3 | A strong relief rally takes place until June. (This would push prices to $48,000 if the pattern repeats).
#4 | A higher low after the strong relief rally.
#5 | Beginning of long-term growth (2024).
Here is the chart:
This is just bear speculation of course but it is possible...
Q1/Q2 2023 bullish and the rest is history.
We were focused on a relief rally Q1 only this year but hey... Let's open our perspective a little bit and also consider the good side since we are bulls after all.
We are here because we like bitcoin and Bitcoin has always done better than anybody expect or can predict, bitcoin always surprises and steals the show.
Namaste.
Market Update 3/1/2024Too lazy to type again. Just watch the video. Its pretty straight forward.
As before, Id still like to see a drop back to the day TF hulls .
I am hoping this corresponds to MARA starting under 21.5 and then I can grab it when we start a week back above 21.5. And by above, I dont mean 25-30% above like it did last week.
BTC. 39.5k-->42k-->38k-->Moon?Summary of 20 minute video:
PA looks horrible as usual. We never seem to hit the targets that need to be hit for the price to go up.
I am still bullish on BTC, but the buy spot was the week start of Nov 20th, not now.
Anyway, I think we go to 42.6k, then 39.5 (oversold wick because of stop losses and then come back above ~40,300 and find support on the 12HR 500 hull and pushing back to this 42k level before dropping again. The reason why I would assume that the price would drop again is that the week timeframe looks bad at the point and may need to come down.
Really from there I still think its a matter of coming back up to drop down towards the day time frame hulls. They are currently at 36k and 36.8k, but are increasing at a rate of about 120 dollars a day.
So it will not take long for them to get above the week TF hulls (37k and 37.6k) to provide good support and finally move upwards.
I did not mention it, but I do think the dollar should have dropped more. It is currently hard to see it really pushing up too much and back into the Week TF hull range. Thus, I wouldn't be surprised if the dollar goes back up, just to fail again.
aaaaanyway. I go more into detail in the video.
What Leveraged Bitcoin Is Doing In This MoveA derivative indicator I have used for many years to analyze Bitcoin is the BITFINEX:BTCUSDLONGS symbol on Tradingview which displays the number of Bitcoins held in Leveraged Long positions on the Bitfinex platform. This is an indicator of the aggregate long positions held on margin on the platform. It can be used to see what speculative position holders are doing.
Recently, during this run up in the price of INDEX:BTCUSD it seems that the Leveraged positions have begun to unwind by taking profit. They are down -23.5% as of today from the start of November 2023.
Analyzing this chart is different to On-Chain Analysis because the Bitcoin involved are all stored internally at Bitfinex. No new Bitcoin are created (because they cannot be) by taking these positions. Rather the Bitcoin that are custodied on Bitfinex and put up for the ability for other traders to borrow and the owners to earn interest are involved in the count.
A few takeaways:
After months of holding leveraged long positions these traders are taking their profits into this move.
By having less exposure on margin the risk of a liquidation event (and liquidation candle) is diminished.
Leveraged Long positions are net negative meaning that leveraged positions are not the cause of this upward move.
WBT vs LEO | +850%?? | WhiteBIT vs BitfinexDon't show it to anyone, so that there is someone to sell it to at a high price!
Decided to compare asset charts to both BTC and USD pairs.
It’s interesting that even the charts with BTC pair are very similar: in terms of timing, visually, etc.
LEO — token from bitfinex that makes a buyout of tokens and burns them
WBT — a token from whitebit, makes a buyout of tokens and burns them
LEO — does not have a futures pair, only spot
WBT — has no futures pair, only spot
LEO — BUY signal on Real Charts from the SemanticRSI indicator after the first correction. After that, there was constant slow growth (I think due to the constant redemption of tokens). Then strong growth in the active market +850%
WBT — the same signal
LEO — launch in 2019 at the bottom of the market
WBT — launch in 2022 at the bottom of the market
Interesting: perhaps strategic m-making is like in football, there are certain strategies of the game that are chosen according to the technical and fundamental characteristics of the team
Details: assets don’t have much liquidity. You may say "this is a problem!". However... study the trading volume of LEO. You will see that during the period of slow growth, the volume was ~$15 million/day, and then it grew as actively as possible throughout the year with a volume 10-15 times less.
PS: +850% growth for WBT is a price of $50+ 😳
TRB CAN FALL SAME AS SOLANA AND BNX DID.. Below $100Thanks for reading this update, remember that this update is not trading advice, but a chart view of what we expect.
We expect that TRB is going to break down in the coming time, there is nothing riskier in trading than the fomo volume. We have added before about the increased volume since this coin is a t $48 , the most TRB Volumes that are running now are from Bika . And Bika is not a holding platform. Binance was also the top holder of BNX..
By this previous update, we did expect an increase before it happened from $48.
Since today and depending on our study on this coin seems that it has a high chance of falling, we expect that it can fall below $100
The same effect that BNX and Solana have done before, this coin can do similar.
Further, this coin doesn't have a maximum supply, which means there can be added unlimited new coins that can affect the price action, and the exchange that did pump this coin is known to take profit exchange.
Trading TRB is very risky, it can have a time of pumping when the price time frame of increase is over, and it can enter into a fall.
Our study is done with high tools, including the technical view of the coin and the data of whale transactions and volume range study.
BTC ON THE RISK ZONE BACK TO BELOW 30K (CRASH)BTC did increase with the least news and confirmed the important level of 30500, BTC still has a high risk for breakdown since the last world trends and Dow Jones expects on range that can meet the corona times effect when the USA charts did crash.
For day trading BTC could be an option, for holding we expect that there is a good chance BTC can get a recovery below 30K again.
Not every increase is a confirmed increase, some times a new increase brings more high breakdown volumes. Every high BTC crash did start with a break increase.
Thank you for reading our update. Please remember that this is not advice for trading.
BTC/USDT Possible move at the weekendHi traders.Unfortunately, my previous order on Bitcoin was not activated with a difference of 0.2% . Currently, due to the closure of the global market and the decrease in the amount of liquidity in the market, I expect a short scalp movement with the aim of getting liquid from the exchanges.
If you like this chart,please like and follow
Bitfinex's LEO Token: An Unconventional Investment OpportunityAs I made a case for FTT and have made a case for COIN and GBTC before, I want to keep sharing some unique charts and cases. Again, my FTT idea was banned (from a little mistake), so I just reposted it and want to continue with more special cases. By special cases, I mean stuff that looks weird, infeasible, or tricky, where sentiment is leaning against my case, while there could be a significant catalyst that helps the trade.
In my previous ideas, I went deep on some of those, and in the idea below, I shared some extra ones, like LEO. For example, FTT had people very negative about FTX being bankrupt, yet FTX might be revived, boosting the token's price. COIN had everyone bearish due to the SEC lawsuit, yet it's pumping hard, as most of the news was priced in, and Coinbase might win against the SEC. GBTC had a massive discount as everyone was bearish and worried, yet an ETF is coming. So what about LEO?
LEO is a token created by Bitfinex, an exchange token with some 'special' rights. Those rights are that if Bitfinex gets the 2016 hacked coins back, it will distribute 80% to LEO holders. The FBI caught the hackers 1-1.5 years ago and is sitting on those coins. I assume that it will eventually give Bitfinex the coins back. If they don't, LEO will crash, but if they do, LEO could easily do a 2-3x from here.
As you can see in the chart above, if the price of LEOBTC goes up to the highs it reached when the FBI caught the hackers, that's a 150% increase. Is it reasonable? The current market cap of LEO, in BTC terms, is 120k BTC. The hacked coins were 120k BTC. 80% of that is 96k BTC will go into buying back LEO tokens, and the rest to the Bitfinex team and shareholders.
I expect that Bitfinex will get a big boost from this. As Binance is in a bad state, Bitfinex could capitalize on this opportunity. They have been making tremendous progress on many fronts, and I believe that this could be a significant catalyst. Giving 3B back to LEO holders and Shareholders is massive. The publicity will be huge too.
The main issue against my idea is that LEO is the second biggest exchange token, yet Bitfinex isn't in the top exchanges by real volume. That means that, to a large extent, LEO has the return of the coins priced in because its price would otherwise not be so high.
In my opinion, there is a chance that they will give the coins back to Bitfinex holders, potentially before the launch of the ETF, to cause selling pressure on the Bitcoin price. As BTC faces selling pressure from several 'sides' (Mt.Gox, US gov, Bitfinex, Bankrupt companies), prominent players/whales may use that opportunity to scoop cheap coins before the ETF launch.
EOS/USD 1W. Basic trend. Potentials and manipulations.Here's the EOS/USD 1W Chart on Bitfinex(long history).
Right now we can see the horizontal channel forming. In this channel harmonic pattern on daily TF formed and worked out the first target, which is the middle of this local horizontal accumulation channel, in terms of 1w TF.
Now we're near the support of this channel 0.86$. Recently the big amount of EOS were deposited on the exchanges.
Showed the classical potential manipulation - look.
On the bottom we have the support zone. Also it's 0/61(16)$ zone which often acts as bottom.
This 0.61$ zone is -25% from the current support which is basic percent for pulling out stop losses.
Though, if the market gives an "opportunity" it can dump further. The global support is 0.5$. This is also a possibility.
And if on the moment it's very scary - the price can drop up to 0.36, which is also -25% but from the main support 0.5$. It will be 0.36 $ zone.
Still, the potential is very good. Shown the potential distribution(local distribution) zone on chart.
Those are - 2.5$; 5$ and then maybe 15$ but probably not in this local cycle.
You can potentially work martingale in this type of situation, which means buy more if price drops.
✴️Ethereum Classic Will Also Recover (222% Possible Higher high)Volume is one of the strongest indicator and can help you clear any doubts.
Ethereum Classic (ETCUSD) hit a higher low compared to June (5 months ago) but how to know if it will recover here or continue lower?
Here we use the volume indicator.
Notice how trading volume continues to diminish, it goes lower and lower.
That's your signal.
It means the current trend is losing strength.
Since the mid-term trend is bearish, as it loses strength things can turn and ETCUSD reverse.
Higher lows can lead to higher highs.
Over 222% possible on a higher high.
Easy 50% to 80%+ on a bounce.
You still need a plan to trade and your own research.
The support levels are marked with blue on the chart and can be used as a stop-loss.
These analyzes are not intended as financial advice.
Thank you for reading.
Remember to boost 🚀
Namaste.
🅱️ (₿) Bitcoin Monthly Points To $23.1K to $24.1K Minimum...Bitcoins monthly RSI hit its lowest level ever in December 2022 and is showing a hidden bullish divergence that is 7+ years old, since 2015.
Here is the chart:
Looking at the moving averages, the Fib. extension numbers and the current monthly candle, we see the potential for a bounce/recovery/relief rally that will push prices up to $19,200, followed by $21,495 and finally around $24,150.
The main range we are aiming for in this monthly timeframe is $23,125 to $24,200.
It can go higher and hit $27,000 but we will have to wait and see... What sort of developments/events will show up that will push prices up.
One things is certain, when bitcoin start going it won't look back, it will go on and on and on.
Namaste.
🅱️ (₿) Bitcoin To Hit $19,000 Followed by $25,000 Feb. 2023Say what you will... But to me it is clear that we win.
Bitcoin is preparing to move to $19,000+...
We are very likely to see bitcoin move above $20,000 followed by $25,000 next month.
Yes to the retraces, correction and shakeouts... But nothing moves in a straight line up... It shakes around but prints higher highs and higher lows.
Namaste.
60k July forecast - and the end of Bitcoin Cycles is coming.The Bitcoin cycles get really repetitive once you layout the movements like I have here we start to see the patterns it creates.
I don't daily trade I don't recommend you to either, open your mind to a further time frame and setup prior to these movements giving you freedom to use lower leverage if you do trade.
I use the L-MACD (Logarithmic Moving Average Convergence/Divergence) with a simple trend line plotted at .20 points, what we can notice here with the momentum oscillator below 0.20 points is where Bitcoin trends for a good amount of months before making a fast rapid return to the average of the 0.20 trend line. A return the trend line repeating historic movements would put Bitcoin at around $60,000 by July-Aug 2023. Note the future bar lines are to be used for total days of movement prior to a bull market not the dollar values.
Where I positioned the red pin is where we should expect a red X to occur with momentum shifting from bearish to neutral, neutral then to bullish.
What people really forget about previous cycles is the 1/2 years prior to the peak of the market a very strong accumulation occurs, its happening right now. Don't be misguided by the second peak in the market it is irrelevant to the overall growth and movement of Bitcoin, every cycle has its theme and painting of a different picture but ultimately resulting in the same movement and growth into the next cycle.
When we return to $60,000 by July-Aug what would the high be in 2025-2026? lets take a look at previous psychology
-----------------------------
2011 $2.17
x570
2013 $1,240
-----------------------------
2015 $164
x120
2017 $19,770
-----------------------------
2020 $3,800
x18
2021 $69,000
-----------------------------
2022 $15,000
x72
2025 ? ($1,080,000)
-----------------------------
Elephant in the room, end of cycles is it coming? sadly yes. I hope we all can see the world past 2040 where "Bitcoin Cycles" will be seen as a period where this all started, kids of the future will wish they was around to see this unfolding in real time, some of course will think they could have made fortunes from it. Although Bitcoin Cycles will end, bull & bear markets will not.
Eventually Bitcoin will be worth $25,000,000 a single coin a lot compared to today's value right? but even a 1x of the future puts $25,000,000 to $50,000,000 that will be the new growth over decades.
The period where large financial institutions and wealthy sovereign states make the leap of allocating and becoming a holder of Bitcoin is where we will likely see a gigantic move unlike any other previously, this allocation once regulation is fully in place will shoot Bitcoins price beyond your imagination, this will sadly mark the end of the Bitcoin Cycles era and begin a new phase where bull markets last 10 years and bear markets 5 for example.
The final point to make here, we all have this information right in front of us, the network works and continues to grow stronger, governments are adopting Bitcoin, Gary Gensler marks it as a commodity, the largest institutions in the world have noted they are going to allocate with their funds and with clients once regulations finish the frame work.
Fidelity 4.5 trillion USD AUM
Blackrock 10 trillion USD AUM
Charles Schwab 7.13 trillion USD AUM to name a few
I see projections for cycles that even out around 2040, but what if this happens in 2030? that would mean a gigantic parabolic move comes before 2030 and Bitcoin could be in a bear market till 2035, 2020-2021 based on history with Bitcoin was the smaller cycle, the next cycle should be bigger and possibly could be the last.
Good luck and HODL.
🅱️ No Volume, Bitcoin Hits New 10 Years Low | Weekly MACD Bitcoin's weekly MACD has only been below zero a few times in its life...
Here we see this event happening between May 2018 to April 2019.
From April 2019 Bitcoin grew until November 2021... OK!
Here is the chart:
The weekly MACD for BTCUSD hit its lowest level ever in July 2022 and now is trending up as if it is the end of the world.
It is reaching up to heaven.
The lower low on the MACD gives up a strong signal but we won't go into it.
The MACD histogram has been green since August 2022, alerting those who are on the lookout.
We can draw a trendline on the MACD from the top of April 2021 and we can see that this downtrend has been broken.
We can even call it a falling wedge pattern:
The MACD is set to go bullish soon...
As the MACD goes higher, Bitcoin's price will grow.
The MACD is a lagging indicator, so it is lagging behind the current price yet it gave us the signal in July and August when it started to go up.
Next weeks candle is expected to be stronger than this one... Or crash to hell and new lows?
Namaste.
🅱️ ₿itcoin Short-Term 4H | 12-Feb.Bitcoin's bounce is about to speed up.
We are now revisiting our previous trade idea on the short-term but this time, 4H timeframe.
Notice we have the classic cup pattern starting to form.
The RSI is trending up while gaining bullish momentum.
Prices are trading above EMA10.
The target remains $22,400-$22,500 in the short-term.
Namaste.
🅱️ (₿) Bitcoin EMA300, Since April 2020 + (Name Your Altcoin)No volume here on this exchange as Bitcoin continues to move up, daily.
No volume because of no sellers.
No volume because of no downward pressure, easy up.
Slow and steady growth signals strength.
Bitcoin is moving above EMA300 today, after coming out of a multi-year low/strong support for the first time since April 2020.
This signal will need confirmation as the day is young and this action is only getting started.
We would need to see at least 3-5 sessions closing above the EMA300 grey line for confirmation but there is more... Wait.
Here is how you avoid getting caught in the "wait for the confirmation" trap.
We've been expecting a bullish breakout for many months.
We've been expecting major growth for a long time.
Whenever your initial bias is confirmed, that is confirmation enough.
If you are bullish before the breakout and a bullish breakout takes place, that's your confirmation.
Still, additional confirmation can be used for different type of trading styles and here we just mention it to repeat what everybody else repeats but... Hold on.
That isn't helping anybody... Let's continue.
I received some great feedback from one of our supporters saying that the content and information I share really helps him grow... Wow, thank you, that's great. It is a colossal work.
I get more resistance than Bitcoin on the way up! 😀🤣
We continue winning but once you win the excitement is gone...
All that is left now is for you to name your Altcoin.
Name your favorite altcoin pair or the one that you are interested in and I will look it up and publish a trade idea translating what I see coming from the chart.
We will do 10 first.
If enough people participate we do another 10 (20 total).
If enough people comment and participate we do 10 more (30 total)...
If enough people boost, follow and comment we do 20 more...
Until we reach a grand total of 50 altcoins.
I can share 10 trade ideas daily, so we can do 50 in 5 days.
If I lose inspiration or get tired or whatever... Then it can take 6-8 days but we can do this, easily.
I already shared many altcoins with you and they are doing great.
Now... Which one is your favorite altcoin pair?
You can also ask exactly what you are looking for... Long-term potential? Trading setup? Multiple timeframes, confirmation of something?
Just let me know.
I will pick at random but if we can get to 50 there will be enough for everyone.
Namaste.
🅱️ (₿) Fuel The Rally... Bear Market Psychology ExplainedAfter hitting $23,333 bitcoin has moved above September 2022 and is now at its highest level since August 2022.
The $25,209 is the August peak and last barrier, after this level we would see bitcoin trading at its highest price in more than 7 months. The good news?
This is only the entrée, we have yet to get the main course.
How does market psychology works?
The shorters are in a big conundrum right now because of the long bear market that made them so wealthy, here is the thing.
First "you" (meaning they, they shorters/bears), decide what the market "has" to do... "It must go down", "It has to go down because of this or that"...
The market doesn't have to do anything, it moves according to its own rhythm and flow, yet human psychology is such that as you are playing your ego and emotions get in the way.
The long-term bear action conditions your behaviour, your thinking is clouded, so bears cannot see straight anymore.
Now the time for reversal comes...
Bitcoin went down for years and reversal signals start to show up.
Everybody starts to prepare and spill out that a reversal is about to take place.
The first step of the shorters/bears is to laugh it out and double down on their play.
Each time bitcoin goes up, the more convinced they become that it must/has to fall the next day.
What for us work as bullish confirmation, for them becomes clear that it has gone far enough...
Because it has to drop at some point just because... Just because it has been doing so for so very long. So they've become conditioned.
I know this because most of us have been in the same situation before, in the past, but on the bullish side.
The conundrum, hold on.
Bitcoin goes higher and higher and we start to celebrate.
The bears are no longer convinced, now they are anxious and foaming through their mouths but they have to double and triple down because the ego is already in charge and logic and intuition is completely out of the way.
The negative vicious circle is now in place.
They continue to push down, fuel for another raise.
The higher it goes, the more they bet that a crash is imminent but the crash never takes place.
The not so fun part... As soon as they give up, become convinced that the bulls have won, cover their shorts and adapt and change and now, they go LONG.
As soon as all the shorters and bears LONGs are in... Bitcoin is already at $31,000 and ready to crash for several weeks.
The initial corrections lasted only for a few days, so they wait thinking that for sure it will "continue up", after the first weeks they give up and reverse back to short.
Once all the shorts are set in place, bitcoin back at 21K... Magic, one huge candle pushes prices back above $28,000 and that's the end of the bears game.
This is human psychology at work and there is no way to avoid it, there is a group that will always play this game.
One can get stuck in a vicious negative cycle and end up being the fuel for this amazing, once in years bullish recovery wave.
Namaste.