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Stockmarketcrash

Average price of bitcoin against the American stock marketSince I'm lazy, here's what I said on twitter: "Due to the stock market opening lower than it closed yesterday, this chart that takes into account the average price of #bitcoin against the sum of $DJI $NDX and $SPX opened exactly at the 200 day moving average, rising as the day progresses... A $BTC target ~$13k based on this" I've been noticing clear inverse correlation with the American stock market and bitcoin(along with the inverse correlation with DXY). After realizing it was possible to form charts out of formulas using other charts as variables, I decided it would be very interesting to weight the American stock market against the average price of bitcoin across the 10 most significant exchanges according to me. Unfortunately for the no coiners, I've been anticipating a significant recession that adds fuel to the next bitcoin bull run(see related ideas).
BITFINEX:BTCUSDLong
by tomtourettes
1
Bearish Targets for MSFT (Microsoft)Here's another bearish tech analysis. This one is brief. It's pretty clear what the setup is. Either we have a double top, or we drop from here. Either way, once we drop below the recent low of around 93.67, we will most likely head straight down towards my target at the red "X," between $50 and $57. That's the only support level we have below. What's pretty scary is that if it heads to that target, the log trendline will have been breached, and MSFT can actually continue its decline to the next green support zone. Looks like a pretty obvious bubble here. The log graph for MSFT looks especially bad, with the log uptrend line lying so close to the current price (currently in the $60 zone). As soon as that purple line breaches, we'll likely be in free fall. This is not financial advice. I'm just posting these charts to see how accurate (or inaccurate) I am in the coming years. I could be very wrong, and I'm not a professional by any means. This is simply what I'm seeing in the charts. I wanted to do a few for the major tech stocks to see if I can get close to the bearish targets if and when the real bear market starts. People might be wondering why my targets are so low. It's simply that people are not buying tech as zealously anymore. People are satisfied with this current level of innovation, and are finally feeling buyer's exhaustion. If not enough people want to buy, then the price drops. I wrote a more in depth analysis on my DJI chart (linked below) -Victor Cobra
NASDAQ:MSFTShort
by VictorCobra
4
My personalized bitcoin index (factoring in USDT fluctuations)It averages the price across 9 exchanges, while calculating the actual USD value of bitcoin in USDT markets by multiplying the respective exchange rates by the value of USDT according to Kraken. Here's the formula for the chart in case anyone wants to use it themselves: (COINBASE:BTCUSD+BITSTAMP:BTCUSD+GEMINI:BTCUSD+POLONIEX:BTCUSDT*KRAKEN:USDTUSD+BITFINEX:BTCUSD*KRAKEN:USDTUSD+BINANCE:BTCUSDT*KRAKEN:USDTUSD+BITTREX:BTCUSDT*KRAKEN:USDTUSD+OKCOIN:BTCUSD+HITBTC:BTCUSD)/9 See related ideas(or find me on twitter/facebook/steemit) for more reasons why I'm so bullish. The chart should pretty much speak for itself, breakout of a falling wedge...
COINBASE:BTCUSDLong
by tomtourettes
5
Breakthrough discovery was found, (Part 2)This is unusual for us to analyse the S&P500 since our expertise is in the crypto space, but since the last S&P500 minor crash interfere with our bitcoin prediction, and ruined nearly two months of perfect accuracy( imgur.com ) we had to come and check how serious this really is. A another chart will be released soon of today's in the comments 16% explanation - thedowtheory.com Everything that has a check sign next to it has already happened. We also expect this to bring Bitcoin into a new highs, as the ETF is closer then ever to being approved, and it should happen within the next 4 months, it will be just in time before the stock markets collapsed, and investors are seeking to hedge against it on Gold 0.03% & Bitcoin 0.37% . We will always be here to welcome you if you decide to join the crypto space, our website is www.whaletank.trade We are giving market predictions, Daily signals, and many masterpiece features on our website.
SP:SPXShort
by deletedaccccccount