Presearch Holder/Price divergenceI've been following up with the project for a few years now, patiently watching developments and keeping track of their growth.
- Team/Project survived previous bear market.
- Project has +4M daily searches
- From 500M supply, around 250M are being staked
- There are around 70000 nodes servicing the system in a decentralized manner worldwide.
- Still waiting for trend reversal on daily (TSMA-50-100-200)
- Number of new wallets and holders started growing faster than usual since Sep 2022 (diverging from price movements)
- While there's always room for more pain, selling pressure has been flattening since Jul-2023
- Technical developments are slow/steady, regardless market conditions, which shows resiliency from team/project.
Overall, I'm watching this closely, project has great potential, seems quiet undervalued at the moment, charts shows smart money accumulating during this pain period, and the token is getting more scarce as the liquidity crunches unfold.
*I'm not an expert and this is not financial advice, do your own "Presearch".
* Be advised, this is highly volatile region we are due to low liquidity.
Show your love if you want to keep following Presearch developments with me.
Value
BTC compared to the worldDo people still want to hedge using BTC rather than XAU?
This post is not intended to diss anyone, but I really need your thoughts.
Couple stats below for 26/9:
Dollar index: 114
Euro Index: 100
Bitcoin: 19,200
Gold: 1,620
EURUSD: 0.96
Nasdaq: 11,200
Today:
Dollar index: 104
Euro Index: 103
Bitcoin: 16,800
Gold: 1,780
EURUSD: 1.0630
Nasdaq: 10,980
Disregarding the big bull runs that in my opinion are heavily influenced by unlimited printing of money in the past years, when reality kicks in, BTC is starting to settle to what it's supposed to look like, which acts as a leveraged product where I expect it to drop and settle even more, and will be problematic if DXY rises again.
It is my opinion that DXY dropped $10, but BTC failed to see a rise, unlike XAU or other currencies compared to USD.
This means to me that the price of BTC has still not settled to where it's supposed to be and is headed for a drop (without getting technical about it).
What do you all think? Would love to hear from others.
Merry Christmas BitcoinThis has been my main focus this December, and it will continue being till Tuesday when we can expect more Data release to Support or Suppress Inflation for the next year.
We’re sticking to our strategy; till we see otherwise.
Holding Short long term. Projections towards 9k-7k
Ps. Hashrate had some influence today for sure, not really sure how The FED will play it on their plans for the Slow Growth Economy plan.
Merry Christmas!!
Cheers,
XAUUSD Longwith improving global economic conditions, reduced uncertainty in financial markets, and driven by the increase in interest rates by the fed. economic actors began to move their assets into US dollars. it seem xauusd moving on sideways between all time high and 2021 low. plus its already break double bottom pattern
USDJPY fundamental analystsince indonesia nickel export ban in 2019, japan automotive industrys already facing great pressure on their supply chain. after indonesia lossing nickel dispute on WTO, USDJPY seem going bearish as we can see on chart, but recently indonesian goverment announce bauxite export ban which seem drive bauxite price up. as we know japan top export product came from automative industrys, which bauxite are main material for automotive manufacturing. with post pandemic economic condition and material price. it seem difficult to maintain automotive export value at recent level
BSX. Long. Live. Snake.Can this be called testing after the breakdown of descending channel? Probably. Long candle wicks can indicate about low asset liquidity, therefore slightly spoiling the overall picture. Based on the fact that we probably tested descending channel and showed the 6th largest green bar of the histogram, it can be argued that this is a good entry point, considering that RSI stand in oversold zone for some time. In the short term, there will be bullish news for BSX and its ecosystem. This is a public fact, not insider information. BSX, personally, is my choice for investment and I consider it extremely undervalued and promising. DYOR
PayPal reached bottom (or very close) !Enter at $68~ with a stop loss at $64~ looks like a pretty good bet.
Fundamental + technical analysis at this price gives it a value score of 94 (strong buy).
RMRK. Perfect accumulation zone!$2 - $1,32 is the best entry point for a set of positions. This could result in a 300% short term gain after a global trend change. We have also entered the oversold zone and, in my opinion, we will not stay in it for long, because weak hands are drying up, sentiment is changing, the land sale phase is almost over, and the date of metaverse launching into infinite online is approaching! Do not forget that RMRK is a metaverse currency, which will be needed like blood for the body + RMRK will be needed for NFT collections mint on Singular. Just look at utility and it will become clear to you that this is the best opportunity on the market right now! Toward the end of the decade, I expect a $1-2K per RMRK. Do not forget that RMRK is only on one major exchange - KuCoin. When the series of listings begins, it will be a golden time for RMRK and the price will never return to today's values.
Stock-bond correlation and 60/40 portfolio are at crossroadsIn 2022 the diversification between stocks and bonds within a "60/40" portfolio was an ineffective strategy that yielded negative returns and, as a result, did not safeguard the investment.
The reason was that both equities and bonds plummeted in lockstep as a result of the Federal Reserve's interest rate rises, with the correlation reaching its highest level in a decade. The blue area in chart above shows the 60-day rolling correlation coefficient between the S&P 500 index ( SPX ) and the Vanguard Total Bond Market ( BND ) ETF, which currently stands at 0.89.
The positive stock-bond correlation had typically worked when the two assets climbed upward together in the post-GFC decade, but in this new environment, it did the opposite and for a longer time than in 2008 and 2020.
Similar to 2008-2009, a 60/40 portfolio of global equities and bonds saw a maximum drawdown of 25% this year, but lasted more.
The fall from peak to trough of the 60/40 portfolio lasted 252 days between June 2008 and March 2009, just 35 days between February and March 2020, and 336 days in 2022, making it the longest 60/40 bear market in the past two decades.
60/40 portfolio and its drawdowns – 60% Vanguard Total Stock Market ETF ( VTI ) & 40% Vanguard Total Bond Market ETF ( BND )
As we approach the final FOMC meeting of 2022, the future of bonds and stocks is at a crossroads, and a decoupling between the two assets may occur, making the 60/40 portfolio diversification plan more effective moving into 2023.
If the Fed signals that the end of the hike cycle is nearing and adopts a more dovish stance on inflation, both stocks and bonds will benefit from here.
If the Fed indicates that interest rates will continue to increase and that the window for a soft landing is narrowing, bonds will outperform stocks. However, equities will receive a boost when the recession comes and the Fed is pressured to cut interest rates.
The downside risk of this approach is an excessive tightening of interest rates by the Fed, which might increase bond yields even more (and cause prices to drop) and further devalue equity markets, extending the bear market for the 60/40 portfolio.
BTC Breaks Downward Resistance from ATHIf we view the all time chart on three separate time frames - Monthly, Daily, 4H, we can see that we have broken ATH all the way up to the 3D chart. Weekly and Monthly confirmations coming soon I suspect. To expect Bitcoin to drop further below from this channel into the "Birth Channel", we could see it in 13k's. This channel has only existed in a period once prior, however - before institutional capital started flowing into Bitcoin. To see BTC price go yet even lower than the "Birth Channel" is to expect Bitcoin to drop to a price channel where the only people using it were supernerds, stoners, and their dealers.
You tell me if that is reasonable or not. In my humble opinion: bottom is in, yall.
This is not financial advice.
DXY H4 - Short SignalDXY H4 - Break and retest play seen here on the dollar index around that 105.00 handle. We are hoping to see deeper rejections from this price leading into US CPI figures and also FED interest rate and press conference later on in the week.
The general outlook seems to be a weaker dollar on the basis inflation is starting to cool and central backs are starting to back off with the aggressiveness regarding rate hikes.
NZDUSD shortMore & more leveraged funds are moving their positions in order to short the NZD against the USD.
We can see it with the COT and the flip made 4 weeks ago.
Ok the nzd is rising and the usd is weak but what you need to understand is why leveraged are moving their funds ? Follow the smart people and not the gurus on instagram or whatever.
If we summarize :
-Big flip (negative to positive) 4 weeks ago with a big part of leveraged which are long on usd (against NZD).
-We are reaching a big supply/demand area (close to 0.65)
-The usd will be strong soon and you will understand why.... (The gurus will always talk about a pivot but where is it ? Is it for real or just an illusion ?).
Oh and yes I forgot to say that we're already in RECESSION, stop listening to these lies !!!!!
This is not a financial advice (or a price to enter) but a real analysis, you need to understand how hedge funds and professional are working.
HOME painfulIt is very painful for investors to swallow the idea of dropping the market cap of this stock from a 60 billion IPO value to the current 6 billion.
BTC. Bottomed Out.Bitcoin please go to moon. Stop going sideways now! Tone Vays say we going down to 1K but Mr. Novogratz say we have Boooo-tooooo-med out... Bottomed out! Novogratz is bullish! Bottomed out! Tone Vays is bearish! Novogratz is bullish! Let us go to moon!
XCH. The only way for chia - fork.Fork to move chia into a "community project". Fork that will completely REMOVE PREFARM. You will start with 1 block by mining the first XCH and start building. Also, advice for fanatical adherents led by "opinion leaders" communities. DO NOT AVERAGE THE PURCHASE PRICE. If you're willing to risk throwing your money into it, don't do it with a fanatical belief that it's a "second bitcoin". There were dozens of second bitcoins, now they are called ruined lives. XCH is a completely ordinary project, with a different form of mining - that's it. Do not build castles in the air - the fall can be too steep.
