The Fed fund rate has dropped 0.5%. Why hasn't bonds went up? -The fear is inflation will rise again and thus requiring the Federal Reserve to raise interest rates to combat inflation. Have we seen this before? -News from 9/18/2007 www.nbcnews.com The Federal Reserve Tuesday surprised financial markets with an aggressive half-point cut in a key lending rate,...
Wait for direction to show itself. en.macromicro.me
"if" we use the actual top as the point to count waves down in the RSI, we could see a much further drop than expected. It has happened before and the RSI patterns more closely resemble 2013's start of bear market. 2014's end of bear bottomed out at the peak of the large bear market rally ending in April 2013. This would put us at $17,000 best case scenario and...
Eth bear market vs Sol bear market Comparing the 2, we can see multiple similarities with some differences. Difference being Sol had an extra wave up as suggested by the bearish RSI divergence and above the RSI MA. We can POTENTIALLY deduce that the extra bounce was due to the fact that few saw bitcoin topping out where it did fooling of us an incoming leg up....
Daily100 Ma resistance above 2021 local high resistance above
Waiting for confirmation on weekly levels with uptrend on RSI/MFI Selling at these levels do not offer good RR
Not likely to break into last chart pattern or all time highs. Now is the time to play the trendline in front of us. Heavily oversold and scalping only at these levels until a stronger base is formed or a clear break AND retest of trendline. Mean reversion Possible to weekly MAs ("LOOKING" for longs only at buy levels) ("LOOKING" for shorts at clear rejections...
playing devils advocate *HYPOTHETICAL* this one gives a better timeline analysis IF this is actually a bear market rally, and how + when bitcoin could will break out of the hypothetical bear market rally this one is primarily so that i can save an idea without actually saving it. welcome to criticism and debate
I would like the bear market to be over. I am aware that the past does not define the present. The goal is to be open to both possible scenarios. Comparing the past bear market to our most recent one, we can see some similarities.
I am overall bullish on BTC. BTC is reaching a crucial resistance level at 10k. It seems as we have the momentum to reach it at the very least. The question we have to ask is if have enough momentum and buyer confidence as of right now to the next resistance level at 11.6k or are we in for a slight pull back. The move from 3k-8.5k is supported by the MFI. The...