A bullish move up for $BTC aligns very well with the daily support for Bitcoin against gold.
There is currently a strong correlation: when gold goes up, Bitcoin tends to go down, and when gold goes down, Bitcoin tends to go up.
I do think we need to take short-term momentum for Bitcoin into account.
As a trader, you respond to what the price is showing you.
You don’t make the rules, the price doesn’t listen to you. You need to listen to what the price action is telling you.
$BTC following 2021 playbook perfectly
double top → dump → bounce → next dump loading
everyone calling for $100k
nobody positioned for downside
I've warned you many times
Cycle Composite 2026 $SPX roadmap
Strong start to the year!
Sell in May is strongest in 2026 Midterm year.
Path is usually quite accurate, $VIX volatility greater!
Markets bottom in October
Strong finish into Year 3 (never negative return Year 3)
$ES_F $SPY $QQQ $IWM $NYA $SOXX $NVDA $VOO
⚙️ Top 10 Greatest Engineers:
1. 🇷🇸 Nikola Tesla
2. 🇺🇸 Thomas Edison
3. 🇺🇸 Henry Ford
4. 🇬🇷 Archimedes
5. 🇩🇪 Nikolaus Otto
6. 🇮🇹 Leonardo Da Vinci
7. 🇺🇸 Wilber and Orville Wright
8. 🏴 Alexander Graham Bell
9. 🏴 George Stephenson
10. 🇺🇸 Elon Musk
🖇️ Source: NewEngineer
..... parabolic phases dont end well, in fact history indicates it's essential to scale down, we are students of history which leads to consistent replication. #commodities#cyclicality
The more successful we are, the closer we get to the cliff, hence we are happy to leave some coins on the table for those that need Mr Market's lessons 1st hand.
🇺🇸 U.S. Treasury just bought back $108M of its own debt.
It’s part of the ongoing Treasury buyback to improve market liquidity & reduce volatility in bond markets.
More buybacks = More liquidity flowing back into the system.
Jobless Claim, Q3 GDP, & CPI everything BULLISH 💥
🔴The level of leverage in the market is extreme:
Assets in US leveraged long ETFs now outweigh short ETFs by 12.5x, the most extreme imbalance on record and nearly 3x higher than in April.
Nearly a record ~$146 billion is now parked in leveraged bullish funds, versus just $12 billion in inverse ETFs.
By comparison, the ratio stood near 1 to 1 during the 2022 bear market and the 2020 crisis.
This level of leverage would significantly amplify the downside move in any correction.
China produced over 12.88 mln NEVs and sold 12.86 mln of them in 2024, and has led the world in NEV production and sales for the past ten consecutive years. The NEV sector's performance is underpinned by technological innovation and a complete industrial chain in China
🚨 JAPAN DUMPS AGAIN
Today at 6:50 PM ET Japan will dump foreign bonds.
Last time, they sold $356 billion, mostly US bonds 📉
After the recent rate hike, estimates point to $750B+ this time.
Why it matters👇
• Yen defense = selling foreign assets
• U.S. yields spike → liquidity tightens
• Risk assets (stocks & crypto) will dump
Is bear market starting?! 🐻