@benjamincowen all these ETFs and institutions should follow your work, what point in doing any TA or analysis when the 4Y cycle is simple and obvious ---- loool
Repost if you think this scammer @cz_binance should be sent back to jail.
Note: In the crypto market, only this scammer has profited in the last 5 years.
Triangles like this are not very reliable, in over 60% of case there is a fake out before the real move.
I think that today because of the unemployment rate, we will have a bounce.
4.4%-4.5% announced and we should be good.
4.6% and we gonna have a bad time.
- The Hokage
Triangles like this are not very reliable, in over 60% of case there is a fake out before the real move.
I think that today because of the unemployment rate, we will have a bounce.
4.4%-4.5% announced and we should be good.
4.6% and we gonna have a bad time.
- The Hokage
Russell 2000 outperformance has often preceded crypto catch-up moves when liquidity floods the system (think post-2020 or mid-2023).
That said, with ISM still stuck in contraction (latest at ~48), the 'expansion territory' trigger isn't quite there yet therefor it could add some near-term friction for BTC.
- The Hokage
Bitcoin just saw its biggest cumulative leverage flush ever!
Futures open interest crashed 35% ($92B โ $59B) in weeks, the largest $ decline in history.
This massive deleveraging wiped out over-leveraged longs, clearing weak hands and reducing cascade liquidation risk.Healthier market ahead, with price action more driven by spot demand.
- The Hokage