Likely Scenario for #BTC#Crypto is definitely in the pain but this should not be a surprise, the market moves in waves and needs to have this to be healthy. To me its a #DCA and #hurryupandwait
To reiterate, this is the bull view. This is not my view.
I think countertrend rallies will be met by lower highs, not higher highs.
Any investor should know the "other view" so they are not just sitting in an echo chamber.
Stocks are at a very precarious position when valued against Gold
If it breaks down from this level, it draws comparisons to the prior times it broke down from this level which led the US into a recession (1973 and 2008). Recessions are shaded green on the chart.
It came close to breaking down in 2020, but then the Fed dropped rates to zero and turned the money printers on, and it kicked the can down the road 6 years. Will they do so again?
With the current dynamics at the Federal Reserve and the current administration, it does not seem immediately likely that the Fed is going to come to the rescue. Of course, Powell will likely be replaced in May 2026 but that is still several months away.
If this ratio starts closing at 1.40 or below (currently 1.44), then it could usher us into an investing regime we have not seen for decades.
#JST/USDT is breaking through the upper border of the symmetrical triangle pattern on the weekly timeframe💁♂️
The technical breakout confirms bulls are in control and ready for more upside📈
If momentum sustains, we could see the price surge...
#Crypto#Cryptocurrency#JSTUSDT