Have to count in the possible event of a straight vertical bitcoin price soon. 1.Extreme Fear on Bitcoin & SPX? 2. Retail is not buying (less and less money)? There's someone with capital holding the bid at 24.5k-27k relentless purchasing at a slowed pace so when ever retail or "weak hands" are selling the spot BTC price gets held at 26k MSTR continues to...
Seeing a lot of "Depression" "2009" "Nvidia is done" extreme fear in the markets. Shorting is fun don't get me wrong but when majority short a trend showing enormous strength with facts relating to 2009 after we've just been through the bank failures + bail outs, its time for the market to reverse, and reverse hard.
The one thing i love about market cycles & historic charts is that you can pull up charts from 1900s and 2000s and you see the same fear & greed patterns forming. Always the greed forming from strong positions and fear from weak positions. All I see online is "bearish" "stock collapse" "housing collapse" "Bitcoin collapse (10K) (lol)" "Student debt...
Japan has no completely lost control of their bond yields. Japan has completely lost control the US Yield Curve Control. The FRED paused (as I expected they had no choice). The FRED realizing they need to initiate YCC / QE / Rate Cuts before end of 2023 or we're going to see an economic meltdown. Option 1, let yields raise > mortgages blow up > bank...
Japanese Currency Strength is back to 1987 levels Japan is the main source of YCC for the USA buying down bond Yields If USA raises rates any more Japan will be in free fall collapse (hyperinflation) They need to pause at worst start reducing rates. My guess? Money printer is coming back and will come back fast to save the Yen, this is not just a "Asian...
I see people posting comparisons of the NDX 100 from 2000 comparing it to 2023. Its nothing alike people are still short waiting for a "collapse" that will never come due to the fact the USM2 is debasing and offsetting the actual index. I'm shocked not even the "experts" on Youtube or Twitter explain this to new people coming into the markets. Because they...
Credit PlanB on Twitter his polls have always been a great indicator based on "hive mind thinking" ------------------------------------------------- 19,088 votes ------------------------------------------------- Bull after halving, again 59.6% ------------------------------------------------- No 2024/2025 bull market...
The DXY has been in a position like this 3 times in history 1985 | 2001 | 2023 Every time the DXY has had a TSI 4W cross while the Stoch RSI was in the afterburn stage of rising with the Japanese Currency (JPY) either breaking major support or major resistance it has led to a complete rubber band reversal of the DXY. We now have the USDJPY hanging onto to...
CFTC S&P 500 speculative net positions -142.1K? USM2 Barely able to contract the supply under 20M? Reserve Banks At Breaking Point - FORCED to stop hikes > lowering soon Money Market Funds 5.693T will look to exit UST's as momentum in the PMI picks up. Look familiar? Only this time we have global debasement where China / Japan will be forced to QE trillions...
Gold price in JPY is going parabolic Ni225 Japan's index going parabolic USDJPY looking like its going to follow. Japan possibly stuck due to the carry trade of US bonds in Japan? This is going to accelerate and turn bad if the BOJ does not raise rates immediately. The USD/JPY pair never been this high since 1998 tagging it previously in 1989.
I feel for anyone trying to day trade this asset as it really test your patience. Bitcoin has only acted like this once and its back in 2013-2016 where the Red Line shows the average Bid/Ask price hovers just above the previous high. The White Line is telling us the major support is around here too. TSI is indicating a trend shift indicating price...
Funny to see funds and institutions hating Bitcoin prior to 2017 fast forward to today and you point Bitcoin at bonds, precious metals, DJI Bitcoin is creating a macro bottom on all of them. Blackrock must have done the same homework and went, oh oh. What could fuel this is the MASS hate Bitcoin will receive from all investors, global equities, gold holders,...
Chinese real-estate has collapsed China refuses to update new unemployment metrics (like they've ever told the truth) China BOC keeps printing to backstop this (parabolic m3/m2) China forcing peoples money trapped in this death spiral Japan Real estate is also dead Japan stocks / Gasoline is going parabolic due to the start of hyperinflation not a...
Livermore's Speculative Chart starting to look scary now doesn't it? "Central Banks 2008" Lets create 101.29T dollars weaved into the fabric of society that cannot be removed without collapsing everything. "Central Banks 2023" We've created too much money we need to raise rates to stop markets over heating and creating a super bubble. "FRED Removes 1...
I have created a simple free indicator anybody can use that compares the Spot Price of Coinbase (BTCUSD) to the spot price of other major exchanges. (Disable the labels if you add this to your chart to save space) The Coinbase (SSA) by the SEC means all institutional activity has to go through the spot Coinbase market meaning there's going to be billions of...
Waiting for this cycle to unfold I'm starting to see 2 repeats of the same scenario not 3-4 cycles like some believe they have lived through. Cycle 1 & 2 both have this "accumulation" at the macro channel bottom hovering just under the 100 2 Week Moving Average How this plays out is the 30 2 Week Moving Average clamps down onto the 100 right before making a...
3.49863 Years for the macro 4W RSI to make the bull signal cross after a bear. Currently 3 Years and Bitcoin is on the border of this once again, one of the longest long term signals in its history. This cross is actually lining up almost perfectly to the Spot ETF applications fairy tale or fate? Either way if we go through turbulence for longer and Bitcoin...
Some points people are missing Coinbase current AUM $137.651B, a 30.51% increase year-over-year. Binance current AUM $54B, yes that much smaller than Coinbase even their company CMC refuses to list this data see yourself coinmarketcap.com coinmarketcap.com Coinbase with a marketcap of CME Group gives it $306 Coinbase is the "CENTRAL" location of the...