BitcoinMacro

BitcoinMacro

The chart is looking explosive across all timeframes. USDJPY looks ready to move significantly higher, and the impulse could be quite strong. Although this triple top could end up being a trap once the market sweeps the highs, I have a hard time imagining that the market will stop soon and reverse given its structure.

BitcoinMacro

The financial system is in a continuous state of evolution, with the roles of Central Banks and governments also undergoing significant changes. Since the events of 2008 and the Covid pandemic, Central Banks have taken a more active role in providing liquidity as needed. Presently, they have various programs at their disposal for deployment if necessary. From our...

BitcoinMacro

In recent times, Bitcoin's correlation with stocks has gone down, despite the fact that the crypto market has been rising along with stocks, metals, and bonds. Despite this alignment, leading cryptocurrencies Bitcoin and Ethereum have struggled with key resistance levels. The market's current state indicates a potential overextension, hinting at an imminent major...

BitcoinMacro

Central banks worldwide are halting their aggressive monetary tightening policies in response to a global economic slowdown and declining inflation. This shift, marked by pausing rate hikes and planning cuts, is coupled with governments, particularly the U.S., stimulating their economies. Since October 2022, the Fed and the U.S. Treasury have been generating...

BitcoinMacro

Greetings everyone! I hope you all are doing well. I have recently updated many of my previous ideas about the markets, including bitcoin, crypto, and traditional markets. I was bullish several months ago, and I remain bullish. The market currently looks extremely explosive for reasons I will explain. First, as I mentioned previously, a Bitcoin ETF is on the...

BitcoinMacro Updated 

Chainlink filled an FVG that was left open for years. Essentially the market retested a key breakout that was in the making for a year. A breakout from a resistance that was tapped three times. That's huge. But how it did that also matters. LINKUSD formed a range that had a triple top and a triple bottom. Essentially, the market tested the range's top and bottom...

BitcoinMacro Updated 

Over the past few weeks, Ripple, the company behind the native token XRP, has been making waves in the cryptocurrency landscape. The convergence of several key developments has provided a bullish momentum for the company, strengthening its position and offerings in the digital asset arena. This article aims to dissect these significant developments and their...

BitcoinMacro Updated 

In this idea, we will explore different ways to amplify gains in a Bitcoin Bul. We will look at potential advanced tactics to capture further returns. My assumption is that Bitcoin is already in a bull market; however, the concepts I will talk about here will be valuable regardless of when the bull market begins. Bitcoin will most likely outperform most crypto...

BitcoinMacro Updated 

Before anyone reads this idea, I'd recommend reading my previous two ideas about Coinbase and Grayscale. Definitely worth the read to get a better grasp of the current situation. The main ideas I will analyze are that the SEC suing Coinbase and Binance are the final things that had to happen before a Bitcoin ETF would be approved and that the SEC could lose some...

BitcoinMacro Updated 

The text below is something I wrote about a month ago, deleted from Twitter, then turned into a Twitter Thread, but I had forgotten to share it here on Tradingview. I am putting this out as a basis for my next idea about Bitcoin and Crypto, as it's important to understand the situation of Grayscale fully. The Good The Grayscale Bitcoin Trust (GBTC), managed by...

BitcoinMacro Updated 

Hello everyone! I hope you are all doing well. This update summarizes my recent market outlook and ideas, reviewing what has gone right or wrong, and considering what could lie ahead. In one of my latest posts I said: 'Although in the short-term sentiment has turned bullish, hence a 10% correction is possible, we don’t think that a new bear market is in the...

BitcoinMacro Updated 

The global food and energy markets face growing uncertainty and volatility in the coming years due to converging factors that could lead to supply shortages, price spikes, and potential shocks. One concern is the impact of declining sunspot cycles on the climate. Scientists predict that a grand solar minimum could occur in the coming decades, causing global...

BitcoinMacro

Over the last year, there have been increasing concerns about threats to the US and global economies, mainly due to all the rate hikes from the Fed and other central banks. However, these fears have definitely not played out, as consumer spending and business hiring have shown surprising durability in the US, despite rate hikes and inflation. Several factors...

BitcoinMacro

The global economy continues to face profound uncertainties in the wake of COVID-19's massive disruptions. For policymakers and business leaders, making sense of divergent signals on jobs, inflation, and growth remains imperative yet challenging. In the United States, inflation pressures appear to be moderately easing after surging to 40-year highs in 2022. The...

BitcoinMacro

Global markets face contradictory forces in 2023. Inflation still simmers as central banks tighten money supply worldwide. Geopolitical friction continues while economic growth likely slows ahead. Yet technological transformation charges ahead, with artificial intelligence poised for explosive improvements. Investors and policymakers must stay nimble in this...

BitcoinMacro

Hello everyone! Today we will talk about five different important concepts. Many things are happening in markets, so I will create similar reports to help people understand why things are how they are. This will be my first report, so it might be a bit harder to go through, especially because on Tradingview, I can't easily share economic data or random...

BitcoinMacro

Hello everyone. A few weeks ago, I shared a few successful ideas about Coinbase, Grayscale, and the possibility of an ETF being approved. I also shared several interesting plays that have been doing very well, so I would like to dig deeper into them and check their progress. This idea will be a comprehensive look at crypto's evolving landscape. An in-depth...

BitcoinMacro

Pendle has been the best performer during the bear and early bull markets. TVL has grown and gained much traction as it offers an interesting product. However, is the current valuation reasonable? Its current Mcap is at 112M, and the circulating supply is about 42%. At its recent peak, PENDLE was up 5000% from its ATL and still hasn't surpassed its ATH. Don't be...