BTCUSDC
2014 super cycle appearing even more so. Mind the Volatility Everyday I watch this asset for hours, starting to remind me of the 2014 days when I first got involved difference? retail moved that market, today its institutions with a combined AUM with over 60+ trillion not including the giant companies already thinking about putting Bitcoin on their balance sheet. . I ask around majority aren't even considering or ready for an event like this unfolding in a short period of time.
The story of the future "we couldn't find any exchanges with Bitcoin or funds willing to allocate me without giant premiums. . we had to just watch bitcoin rise 10k every week unable to obtain any coins".
Unable to purchase prime land by the beach during covid watching house prices go up by 5x? frustrating. Unable to purchase Bitcoin watching it do 50x? that's going to hurt.
Predicting Bitcoin tops and bottoms using halving dates.I thought I will share with you what I found out. Apparently by measuring time from the halving you can more or less guess the bitcoin tops and bottoms and/or correction or dead cat bounce to safely sell what you got. This is not going to show you perfectly where to sell and where to buy but it is not for that, this is to help long term traders when to scale in and scale out of the market, regardless of the price. It can be hard, as you know everyone at the top screams for higher targets and at the bottom for lower. I hope this will help you out. And feel free to do a different measure of your own, Just put halving dates and start from there. Thanks!
BTC/USDTThe current trend is upward, but we have three situations ahead of us
1- Orange channel: because it has hit the of top the channel, it is likely to correct and continue to the bottom of the channel, which can move to the range of 27k and then to 32.5k, which according to the head and shoulder pattern in RSI, this movement can be considered probable.
2- It can break the top of the channel and move towards higher targets (if it breaks the resistance of 32.5k, it can go up to 34.5k or if it cannot break the resistance of 32.5k and correct it)
3- It can descend from here and break the bottom of the channel and move towards 20k.
But in case of decline, it will definitely be supported by ma100.
And a very important point:
At the moment, the dominance of Bitcoin has reached the top of its channel, if it goes down, it is in favor of altcoins, if it goes up, it is against them.
My prediction is that Dominance will rise and Bitcoin will range so that altcoins will not suffer too much, in which case we will see an alt season similar to 2020 in the future after Dominance falls from the upper limits.
BTC_USDT on weeklytime frameHey guys, we are on the weekly time frame for BTC/USDT
Btc goes strong way but I see a little thing on this time frame it's that HD-
So I guess one of scenarios is btc wants to take a stop hount on around 31000$ to 32000$ price and after that we can see a bearish market of btc to make a LOWER LOW to get a RD+ on weekly time frame, the target is red line that I marked on the chart I think the bullish market for crypto will start from that base.
This scenaryo is just one of scenariyos and can be failed easily.
BNB Long-TermBNB can goes up to 23k levels. It seems impossible when the market cap calculation is made, but we are in a system where unlimited dollars are printed. Considering that the price can be inflated with leveraged positions and the supply is reduced by burning, this seems quite possible. The current financial system didn't prevent BNB from going from 7$ to 600$, it made it possible. Nothing has changed since then.
EXIT USD IMMEDIATELY - BTC + M2V + DXY + IR + SPX/M2 Adjusted
M2 Velocity is starting to increase due to deposits and M2 removing from the US system back into the economy (this indicates inflation is coming back harder) (this is an internal run on the dollar) (hence Gold and BTC taking off)
SPX adjusted for the M2 is showing the market is undervalued + indicating further stimulus to get economic activity going again (you can't tax deflation)
DXY is showing extreme weakness after the BRICS movements and Saudi Arabia turning away from the USA including Japan showing less and less support (this is an external run on the dollar)
TSI showing BTC on a moving average did not achieve a market top during the fraudulent activity (bitcoin never topped this cycle in historic behavior on a monthly scale)
USM1 (red) showing portions of the 23 trillion U.S. dollars PRINTED from QE / C9 are starting to dangerous circulate and exit into hard assets starting the rise of the M2 Velocity (this is point of no return, there is no way to stop this)
EXPLANATION - the FRED has most likely seen the dangers and panic raised rates + QT to reduce the effect on M2V, Just like Weimar Germany Jerome Powell is too late and they caught this too late (hyperinflation risk is now real)
I have attached a Weimar Germany Wholesale Price Index compared this with the (LARGE BLUE) line indicating 1923 - 2023 is exactly repeating
Finale question is when does this kick off? when majority figure out the FRED can't fix this? the FRED can't raise rates? the FRED can't taper? the FRED can't lower rates? the FRED can't stop M2V? the CBDC emergency is stop the money velocity and has nothing to do with modernizing US / EU dollars, the only option is to force control spending and circulating currency, have 10 million? you're now only allowed to spend 50k a year.
Why buy Bitcoin? if Bitcoin does not work the world enters world war 3 nuclear fighting to defend dollar strength, rising dictators repeating once again imagine a Hitler but in control of the entire American and NATO military, why don't I like Gold or Silver? it never stopped wars happening after currency collapses and it sure as hell won't stop this unfolding.
---------------UNITED STATED OF AMERICA---------------
1971 CPI Index was at 40 following the gold depeg CPI Index reached 178 in 2001, Sep 2008 Pre QE reaching 218 and by June 2017 this number kept raising reaching 244, as of the Feb 2023 report CPI index is at 301 points.
If this were to repeat similar to Weimar Germany 248 points was the period of NO RETURN, once velocity starts to pick up 300 will be 600 once panic starts to pick up 600 will be 8,557, once QE starts to deal with this problem of people unable to afford basic needs this number will reach 22,486. This will mark the end of the current US Dollar System to be replaced by a new dollar pegged to hard assets once again.
---------------UNITED STATED OF AMERICA---------------
---------------WEIMAR GERMANY---------------
Between May 1921 and July 1922 the previous tendencies were once more resumed. On the basis of an index number of 100 for May 1921, the circulation in July 1922 was 248.6, internal prices were 734.6, and the dollar rate 792.2.
Again, between July 1922 and June 1923 these tendencies continued, though at enormously increased rates. With an index number of 100 for July 1922, circulation in June 1923 stood at 8,557, internal prices at 18,194, and the dollar rate at 22,301. The prices of imported goods had increased to 22,486.
---------------WEIMAR GERMANY---------------
inflation rate in United States:
2023: 6%
2022: 6.5%
2021: 7%
2020: 1.4%
2019: 2.3%
2018: 1.9%
2017: 2.1%
2016: 2.1%
2015: 0.7%
2014: 0.8%
2013: 1.5%
2012: 1.7%
2011: 3.0%
2010: 1.5%
END
btc.d broke to the downside, alt season baby!btc.d broke to the downside, alt season baby! Today ethereum broke out of a pattern it was stuck in for weeks. All the stars are lining up. If btc continues sideways from here, we should be good for a big rally!! It would be healthy for BTC to go to 25K but it can still go grab that liquidity at 30K first before a sell off. Exciting times!