cryptobullethbtcxlm

cryptobullethbtcxlm Updated 

Dear friends. 2022 was a tough year for the market with the Fed putting a hold to the tremendous inflow of capital on the markets and reversing its damage after being confronted by record inflation. The Fed did a good job by acting fast and decisive (something other central banks did not or could not do) it resulted in a USD bull market and a bear market for risk...

cryptobullethbtcxlm Updated 

With the collapse of Silvergate Bank and Silicon Valley Bank, the bears have took the upper hand in crypto market during the last few weeks. Even though the fact that USDC has depegged is troubling and their 3.3B deposit at SBV even more so. It will take a bit more convince me we have arrived in a new 2008 scenario. In short SBV was mismanaged, they betted...

cryptobullethbtcxlm

Bitcoin, the world's first decentralized digital currency, has come a long way since its creation in 2009 by the mysterious Satoshi Nakamoto. In the early days, it was primarily used as a means of exchange for buying products online, particularly on the dark web. One of the most iconic moments in Bitcoin's history is the "Bitcoin Pizza Story," in which a...

cryptobullethbtcxlm Updated 

Dear Friends. It is absolutely time to prepare for long positioning in the crypto market. As you can see on my chart, we are currently in the last and 5th wave down towards the golden 6.18 FIB level. Yes, I have used my own custom crypto FIBS that represent the volatility of the crypto market and as you can see these levels correspond very well with market tops...

cryptobullethbtcxlm Updated 

The main support and resistance levels of Bitcoin during 2021 mapped out. Our top for 2021 is in at 69K, the question remains what we could expect for 2022. In my opinion we could expect more downside unless we break resistance and close 2 consecutive weeks above the bull market support band (now at 52,5K). Like I said in my last idea, we have been in a mark up...

cryptobullethbtcxlm

Hello friends. Theres a lot of stuff going on in the crypto space but we keep our head clear. We flipped net long on our portfolio after BTC's last drop to 15K as we believe this is the 5th wave of the impulse down. If you are interested to see our portfolio, please refer to the links below. We expect a rough ride till at least the end of November but we see a...

cryptobullethbtcxlm

DXY is done after the US CPI reading. I do expect something like a double top but the dollar momentum is over. Also check my DXY analysis below that I made before the DXY went parabolic and see how it exactly topped at my resistance area. I moved back into the crypto market yesterday and I did so during June lows aswell. If you want to know which coins I bought...

cryptobullethbtcxlm Updated 

Ethereum is taking the stairway down to take the elevator back up.

cryptobullethbtcxlm Updated 

I'm back! After warning for a severe bear market back in early December 2021 it is now time to start preparing for some potential bottom targets. Unlike popular opinion, I still think we have some ways to go although the worst pain is behind us. We are up for a rough winter for the markets given the situation in Europe and the weak earnings that are about to hit...

cryptobullethbtcxlm Updated 

I'm back with another warning and yes I know I have been repeating myself so here's the latest update... Bitcoin and the overall crypto market are playing a game of ping pong with the market makers actively sourcing liquidity from the futures market. This creates choppy price action without a real direction within the local range between 45K and 34K. These types...

cryptobullethbtcxlm Updated 

LINK fell below its all time price channel back in early December 2021, a sign that buyers were exhausted and sellers have dominated the price action. When such a scenario takes place, the market maker is in control pulling up buy walls at a strategic point in the chart. In this case they protected pre-2021 valuations and went on a buying spree between 15 and 16...

cryptobullethbtcxlm Updated 

In line with macro developments such as record inflation and a decade long risk-on environment I see long term strength in the dollar. Its not a coincidence that when everyone is losing faith in fiat, the Federal Reserve (and the market) will start a bull run for the World's reserve currency. The Fed futures are pricing in 50 BPS hikes for the coming meetings, the...

cryptobullethbtcxlm

Dollar is bullish, like I said already months ago. Went all in on this shitcoin since Nov and only started deploying a little bit of this cash lately... I love to track the DXY though, its predictable like a American B movie.

cryptobullethbtcxlm

Bitcoin dropped massively over the weekend as well as the whole crypto market. The main question is whether we are frontrunning the stock market (US indexes mainly) ahead of the FOMC or are we trailing the stock market? The latter means we are following the S&P500 instead of frontrunning it. The correlation with the SPX (S&P500) and the Nasdaq is the strongest...

cryptobullethbtcxlm Updated 

As you can see from my linked idea from March 11th, the apocalypse came. The biggest storm for the short term is over and Bitcoin has reclaimed the 1hr 50 EMA (yellow) for the first time since May 4th, which is a good sign. Yet there are important factors at play in the market right now. First sign of strength would be to hold the 1hr 50 EMA and beyond we have to...

cryptobullethbtcxlm

Here are the levels for Bitcoin for the remainder of the month, watch out for volatility. Further references through the links in signature field. Good luck!

cryptobullethbtcxlm Updated 

Gold has been correcting along with indexes into the FOMC meeting and has bounced together with the risk-on market. I believe gold can retest 2K which acts as a crucial resistance for a confirmed break leading into a gold run. First gold needs to stay above the support zone (in gray) and hold this local support for short term strength. We could see May being...

cryptobullethbtcxlm Updated 

In line with my previous analyses of Bitcoin and the crypto space, we are still in the mark down phase. We hit my local top target perfectly (see my idea linked below: Bitcoin: the big short squeeze) and are about to decide where to go next... Unlike inflation suggests, cash is stil your best bet to maximise buying power at the bear market macro lows. Many...