This is the global money supply. The pattern looks the same as 2018-2020. When it broke out, we got a nice bull run in all markets!
BTC is ready to explode upwards! Very nice technical formation. Bullish AF.
See you at $1000 mid 2024 on Netflix! Crazy explosive bull run incoming!
Will NVIDIA have another explosive bull run to $1000? Everything is possible! What would be the marketcap?
The last nice juicy ALTSEASON happened Jan 2021 to May 2021. Dominance went from 70% to 40%. The USDT dominance was just chilling at the bottom of the channel for 5 months. The same thing is happening again! The BTC dominance needs to rise a little more to get our SPRING down and for the ALTSEASON to start. How long will the ALT SEASON last and how high will it...
Bitcoin broke out and is on it's way to $130,000 by May 2024. The ETF will be announced by January 10th, BTC will continue pumping. The ETF will become available by May 2024, when you want to sell. Buy the rumour, sell the news.
When the ISM Managers Purchasing Index is at it's lowest, does the SPX go up or down after? The answer is up. And right now, the index is low AF. Markets up from here!
Look at this mega cup and handle on the NASDAQ vs M2 money supply. If it breaks out, the rise will be significant! The top line is the NASDAQ at all time high in 2000. Can you believe the NASDAQ hasn't reached it's all time high vs M2! I think we'll get there early 2024 before a mega crash. When Fed cuts interest rates.
In the past, when we touch the bottom of the channel it marks a local top and we go down from here. Will this scenario repeat?
We are getting one last upward push before the big crash. I think we'll reach the psychological level of $200 before the price crashes.
Ethereum will get 6200$ by summer 2024. It'll hit the resistance line dating back 2016 before going back down. We have 6 great months ahead of us! Will we get ETH ETF soon which should help the price?
I do not think the SPX and other markets have reached their ATH yet. We have another 6-8 months until SPX reaches 5000 in a blow-off top around summer 2024. The Unemployment Rate will continue slowly rising until the summer of 2024, when it reaches 4%, expect an acceleration in unemployed workers. The Fed might raise the Fed Fund rate 1 or 2 more times, or they...
Look at the DOT COM bubble and financial crisis. Markets crashed after the US02Y started going down. For the DOT COM bubble, the market top happened 151 days after US02Y peaked. For the Financial crisis. the market top happened 486 days after US02Y peaked. That's a huge difference! Currently, US02Y is still rising! If US02Y tops in November / December 2023,...
The US30 Dow Jones Industrial has broken out of the resistance. How high will it go? 38,000?
This chart is sooo perfect! Bullish Falling Wedge ADAETH seems like it wants to break out!
Beautiful chart pattern! Price is creating a spring to send it to 23,000 in the next 3-6 months. Get ready!
ETH dominance is going the wrong way! It is breaking the trendline that started in 2020. Does this mean BTC will FAR outperform ETH in the coming months? With the BTC ETF, that could be the trigger. My favorite situation would be that ALTS become stronger and take dominance from ETH. Likely?
If we don't bounce, it could get ugly. But I'm an optimist. The ETFs will be approved in October IMO. Then 3-6 months of crazy gains before a big crash.