A lot of folks are scratching their heads, wondering why Bitcoin isn't taking off like a rocket 🚀. Some even reckon it needs to take a nosedive before we see any action. But what's the deal with Bitcoin? Why does it seem like we're just going sideways? Let me break down a few things that, in my humble opinion, are affecting Bitcoin's price and what I think might...
As much as we try not to repeat ideas here, occasionally, an opportunity emerges to harp on the same point. As we have previously laid out the bear case for the S&P 500 from a historical volatility behavior perspective, this week we will zoom in on other metrics showing why we think the S&P may struggle from here. The first and most interesting measure,...
In today's chart, we look at the S&P500 divided by the WM2NS (money supply). The upward trend of the S&P500 has been unstoppable since 2009 and has climbed to new heights since 2013. > However, as soon as you divide the chart with the "MONEY QUANTITY", the unadulterated chart = the reluctant truth is revealed. = Regardless of the rising price of the index, it...
M1 Money Supply (M1SL): "M1 is the money supply that is composed of currency, demand deposits, other liquid deposits—which includes savings deposits. M1 includes the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash." - Investopedia The M1SL amount is important since it tracks the...
#MMT Told you that QE is not inflationary. It is simply "Reserves in the banking system". Then they told you "In an #MMT world...." Unfortunately, the self-evident data you see in the chart completely destroys their silly little theories and models. I want to be clear, QE does not increase the public debt. However, it does change the form of money from a bond...
M2 is getting a lot of attention, but is it really driving markets? M2 is the Federal Reserve's estimate of the total money supply including all cash hand, money deposited in checking accounts, savings accounts, and other short term savings. The rate of change for M2 over the past 3 years has been the steepest incline and decline in the M2 rate of change in...
As you can see on this chart since the launch of the Fed the curve they have been following is over 6.5% not the 2-3% we have been told. Buy Bitcoin
Rate hike will continue as Jerome has no way out now. 50 basis points is my projection. Experts cannot see any concrete signs that economy is under control, in which they are right. Wall St banker's narrative are switching from soft landing, to crash landing. US money supply has shrinked while yield curve remain heavily inverted. Uh ohh. Congress voted to end...
Just a quick comparison between the gold price and overall money supply. Seems like there may be some catching up to do.
been following this trend for years...currently i'm very bullish
Being on the same channel, hypothetically, the Crypto Market Cap might lose more than 50% with the ongoing recession in the next 2 quarters to have 400-700 Billion in the market cap before the market starts flourishing again in mid-late 2023 ahead of the new cycle of 2024.
Bearish Divergence on monthly RSI Will you be able to out pace inflation over the course of your lifetime?
There seems to have been a general correlation between the three for the past 2 years. My take is that when there is more money in circulation, the money becomes less valuable, but the value of bitcoins more or less stays the same. Therefore, the amount of money you need to buy bitcoin will rise to compensate and balance it out, and the same thing seems to be...
Planing to go long on USDJPY because it is strong up trend and price is rejecting and have mad support so have long side in mind
"Russell 2000 / M2 Money Supply" ratio 1) It moves in a horizental trend in the long-term. 2) %20 discounted compared to 500 days MVA. 3) Nearly touched a major long-term horizental support. Of course it can also move more downwards if the crisis/war deepens but we can say that the probability of upwards move is more likely. First target: 0.095-0.100
An observational study on Bitcoins price versus the overall money supply paints an interesting picture. Are we now the most oversold on a relative basis to the money supply? Previous Cycles (I'd argue there's been 3 now, on the basis of halving's and time-cycles) Previous times we retraced to the 38.2% fib extension This time 61.8%, 2 full levels below
Do you think is it good idea to evaluate Gold price movements with these data? I strongly believe one thing for sure which is obvious; there are so many dollars printed...
BTC / M2 Money Supply Chart Levels are a lot more respected on this chart pair. Once again people are getting the opportunity to get $BTC under $20k. I am a BUYER at these levels. Interestingly at the 300 WMA on the chart for the 3rd time in history. This level has held for eternity. #BTC #Bitcoin