CalmCapital

CalmCapital

One of my higher conviction boomer plays of the next few years is long platinum. A variety of fundamental reasons why a secular bull run is potentially beginning but suffice to say it is a deeply hated and ignored asset trading roughly around production cost for over 10 years now. This has built a liquidity base of long term holders that can serve to propel a...

CalmCapital

BTC is now entering its final form. As I see it, the period beginning now and progressing over the coming months is likely to be the most rapid and vicious ascent of this entire market cycle beginning from the post-FTX lows. This cycle shall also culminate in Bitcoin's long-awaited rise to its greatest potential: accumulation on a global sovereign scale. Thus,...

CalmCapital

After a long period of abysmal performance and having been sufficiently tarred and feathered by the broader crypto community, it appears this is as good a place as any for ETHBTC to be in the area of a major bottom. Rather than go too in depth, let's summarize the key points: Since ETF approval and launch, ETH has underperformed on a relative and absolute basis,...

CalmCapital

Is Bitcoin a good barometer for the broader market? The chart laid out above suggests this is a possibility - and indeed, it would make a lot of sense, considering how risk tends to peak prior to tactical and cyclical corrections in the stock market, and Bitcoin is broadly considered to be a risk asset. Note how the 2017 macro top in BTC foretold a top in the...

CalmCapital Updated 

Parachains, sidechains, ETH competitors - ATOM is headed higher. Crashed ~60% off the highs, establishing a beautiful accumulation zone with nearly all green volume in the range representing strong hands picking up what weak hands put down. OBV also at ATHs, further evidence of strong accumulation. This is one of the cleanest ranges I've seen in crypto in a while....

CalmCapital

LINK has just completed a clean breakout and close above ATH resistance on strong volume after a beautiful multi-month consolidation. This consolidation base appears in the context of a strong, multi-year uptrend and should provide LINK legs for a trending move to the 1st fib target at $30 and ultimately the 2.618 around $40. A little late to the update on this...

CalmCapital

Kraft Heinz chart screaming "buy our dips" ! This Buffet darling has taken a serious beating since inception, crashing as low as -80% off the all time high. Buying after an 80% crash is generally the right time to begin accumulating an asset if you believe it has long term potential. Evidence of accumulation is also bolstered by the clean H&S bottom forming with...

CalmCapital

The Parabolic SAR and MACD on the weekly scale have generated reliable signals on intermediate to long timeframe moves (6 to 12 months) for Bitcoin (BTC/USD). SAR turned bullish on the weekly on January 6th after breaking $7900 and I went long from there up to the $9000 level as documented in my first TradingView post. SAR is still long and I anticipate it to...

CalmCapital

I recently read a comparison made by Tuur Demeester in which he described Bitcoin, in its current state, as essentially shaking off the barnacles of zombie ICOs, similar to how Amazon had a boom and bust during the tech bubble only to arise from the shadows of Pets.com and other vaporware to become the trillion dollar company it is today. If one subscribes to a...

CalmCapital Updated 

As we enter the New Year and New Decade of the Roaring 2020s, I would like to make a post that I might one day look back on with a smile. Considering the hubris inherent in the title of my post, there's a good chance we'll tap into resistance with a fake-out/sfp before more sideways action. That said, I'd like to share my thoughts of the current BTC price action...