h3DgE4B33F

h3DgE4B33F

Looks like BTC is in a descending pattern until early or mid February. People are concerned about the new administration and their initial actions and appear to be holding off or are on holidays. Growth equity and BTC are sideways or slightly deflating while investors are seeking safety in bonds.

h3DgE4B33F Updated 

The last few months in BTC price - opinion - 2hr chart 1) Growth trend broke around March 21. 2) Continued up to a late peak price on April 14 then a break down a few days later on April 17th. 3) Continued sideways/falling until now a breaking through the support level of ~35k. 4) Now it looks like ~$23k will be the resting place for the next couple of years...

h3DgE4B33F

Doge is looking like it will transition to a new regime, Musk excepted, sometime in a couple of weeks after repeating the same slow spring like dampened cooling off pattern which it has previously. Expect it to fall. Unless the whales sell off their wallets it will stay mostly dead but could have more repeat spurts.

h3DgE4B33F

Is the low level for the VIX "new normal" now around ~19? The dotted green horizontal lines are the bottom levels of a year ago and of this year. It looks like the VIX is nearing the modern bottom level for this year. Perhaps the bottoms over the next few years will gradually get lower as they approach traditional longer term levels ~12.

h3DgE4B33F

Fortescue Metals Group FMG on the ASX appears to have a head and shoulders formation forming after going ex-dividend. It should break and continue north early October.