AW Bitcoin Analysis - The Macro View Aligns with the Waves...
In this video I explain why I believe the waves line up with the macro thesis.
Short term; the waves are an amazing tool especially when you use AriasWave for analysis.
The bigger picture though, has its own list of fundamental reasoning behind it.
The point is that as I go through the interest rate chart alongside the Bitcoin chart, it only takes a bit of logic to see what is happening here.
Bitcoin is a risk asset and during times of increasing inflationary pressures built up over 40+ years of stimulus, eventually the problem becomes too much to bear.
The FED and other central banks are stuck between a rock and a hard place when it comes to appeasing investors.
It has become too difficult to make everyone happy all in one go, not that they really ever cared about Main Street.
I always like to use the boiling frog analogy, it's only when things get really bad that everyone starts to take notice.
Unless you have been living under a rock it's not hard to see that constantly depreciating your currency eventually starts to affect the whole world.
As a result, the general population find themselves under immense financial pressures and have less dry powder to invest in these risky assets.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Short term; the waves are an amazing tool especially when you use AriasWave for analysis.
The bigger picture though, has its own list of fundamental reasoning behind it.
The point is that as I go through the interest rate chart alongside the Bitcoin chart, it only takes a bit of logic to see what is happening here.
Bitcoin is a risk asset and during times of increasing inflationary pressures built up over 40+ years of stimulus, eventually the problem becomes too much to bear.
The FED and other central banks are stuck between a rock and a hard place when it comes to appeasing investors.
It has become too difficult to make everyone happy all in one go, not that they really ever cared about Main Street.
I always like to use the boiling frog analogy, it's only when things get really bad that everyone starts to take notice.
Unless you have been living under a rock it's not hard to see that constantly depreciating your currency eventually starts to affect the whole world.
As a result, the general population find themselves under immense financial pressures and have less dry powder to invest in these risky assets.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
