CRYPTOCAP:BTC I haven't done a short-term analysis for a long time. 👀I decided to show the key levels to watch, because the moment when it will be necessary to enter the market is coming soon. 💡If there are no new geopolitical upheavals, and I expect that there probably won't be any. I think we will go back over BMS and test the important 70k level this month.
#Bitcoin Bollinger Band 👀 📝The price of BTC has broken out the Bollinger Band, as we predicted in the last post. 🌊Now, we see a strong increase in volatility and a rise in the BBW oscillator. This is exactly the period that all market participants have been waiting for. 💡I recommend that investors start to partially fix profits and traders be careful with high...
#Bitcoin Log Regression 👀 The orange line, as in the previous cycle, offers strong resistance. 💡I think CRYPTOCAP:BTC will stay at the current mark for another month. After that, we go to the correction, most likely it will not be a deep correction, but rather a consolidation. This is indicated by overbought and seasonality. ⛏️ And also the capitulation of...
#Bitcoin Keltner Channels 📈 No one doubts that this cycle will be similar to a 3-wave one. In the last post, I said that I do not expect a fall in February and March, and even closer to the halving, the 2nd wave will begin to fade. 💡That's what happened. Now we can see how the correction begins, I do not expect strong drops below 50k now, but rather a transition...
When to buy CRYPTOCAP:ETH ? Consider the well-known Fear & Greed + WV Keltner channel. I don't like DCA, I consider it too simple a strategy, but it is suitable for many who do not have all the liquidity at once + its simplicity will be an advantage for many. So when the market feels Fear and the price enters the green zone, it is a favorable time. Right now,...
I posted a Log Regression when #Bitcoin was 15k. I publish now when it is 62k. So CRYPTOCAP:BTC has already done x4. What now? Shall we break the ATH? Let's consider the pros and cons. This is why yes: ➕Increasing global liquidity. ➕So far, positive flow from ETFs. Here's why not: ➖Strong overbought ➖Previously, there was no ATH breakout before the...
#Bitcoin distance from BMS Below is the oscillator, which shows how far the price has moved away from the bull market support. Mostly when we are in the 2-3 year of the cycle, the mark on the oscillator 40 acts as resistance, which indicates a mid-cycle peak. Can it be different this time?🤔 Let's imagine that the CRYPTOCAP:BTC ETF inflow will be greater and...
CRYPTOCAP:BTC Now everyone is drawing a cup and handle and saying that ATH is coming soon, why is it not quite so? 📝Let's talk about the pattern first, the cup handle pattern when the asset has a deep drop, after which it recovers and tries to break past highs. Of course, when the price consolidates near resistance and forms a so-called handle, this is a...
CRYPTOCAP:BTC ATH hasn't happened yet ⁉️ If you don't count in fiat currency, we haven't seen the 2021 high exceeded yet (In relation to the stock market) 📝Everything is going according to plan, and by the end of this year, we will see a real ATH. 💡Also, it is clearly visible on the RSI that we will have a 3-wave cycle according to my 3-wave model, which I...
#Bitcoin distance from 50SMA 👀 This SMA has often acted as support during a bull market. 📝The rate was also lowered today by 50 basis points, more than planned, a sign that the FED sees that the economy needs more help from the regulator. 💡Such a radical step is an indicator that very soon additional liquidity will appear on the market and, as we know from...
CRYPTOCAP:BTC Minimum width on Bollinger bands 🤔, What does it mean? Of course, like last summer, seasonality has played a big role - volatility has fallen. 📝We have tested the lower part of the channel and are now testing the middle line. With a breakthrough, we have an open path to the upper part of ~72k. 💡Whether it will be a breakthrough the first time...
CRYPTOCAP:BTC Global M2 or Global Liquidity? 👥Many people pay too much attention to Global M2 even though it is not nearly as important to Bitcoin as global liquidity. 📝Global M2 mostly does not give us any data on real liquidity infusions, just an increase in the money supply, which simply shows us inflationary expectations. 📝Of course, against the background...
📝BTC cycles and economic activity cycles are surprisingly similar in many ways. Both heavily depend on liquidity to drive momentum. 👀If we look closely, the PMI cycle has been at the bottom for a long time, showing us how suppressed liquidity affects broader markets. 💡However, as soon as liquidity starts flowing back into the system and business activity ramps...
📝The index of small companies is known for being highly dependent on bank financing. Therefore, of course, he is the main beneficiary of cheaper money after the rate cut. 👀What we see about correlations, CRYPTOCAP:BTC bull markets, coincide with the movement of this index as you can see, in the green zone on the Spearman indicator, 💡We can also see that...
In anticipation of the approach of increased Global liquidity⌛️ 📝No one doubts that we will have a rate cut in a week. This is a signal that the economy is slowing down and that new infusions will soon be needed. The central banks of other countries are in a similar situation. 🤔Now the question is where does the liquidity go and who is the biggest...
📝Ethereum dropped to minimum values on the RSI indicator. Below is only when the bottom of the cycle. 📝Also, the price is testing the baseline of the Keltner channel, which is also strong support. 📝Of course, one cannot fail to mention that in the cycle where ether was accepted as a commodity on the market in the form of an ETF, it has not yet broken the fiat...
If you don't count in fiat currency, we haven't seen the 2021 high exceeded yet (In relation to the stock market) 📝The current picture in Technical analysis, against the positive fundamentals, will ruin the traders who will soon start shorting Bitcoin. But that's normal, their liquidations are fuel for further growth. 📝Everything is going according to plan, and...
📝Summer decorrelation took place as we said earlier. Now it seems that soon the assets will start to converge again. Also, you must remember seasonality when comparing the stock market with #Bitcoin. Now it seems that the stock market is expecting short-term turbulence against the background of reduced rates. 💡In October, I expect a situation similar to last...