Bitcoin possibly printing a topping pattern.
Failed to reached the bull flag target, took out previous high and failing to displace, bearish divergence on the RSI.
The only thing that can save #Bitcoin is if the Fed listen to President Trump and reduce interest rates to 1%.
We got the bounce, I think we’ll see lower prices.
GDP turned negative and inflation has been sideways since September ‘24 and cooling, unemployment is stable.
In my opinion, the Feds is under pressure to cut rates from 4.5% to 4.0%.
Forecast says the Feds keep rate at 4.5%.
I called the top when consensus were calling for a run to 6500
Now the dominant narrative is tariff induced capitulation to 4800
I think we chop around these levels or bounce to 5400-5500 in the short term
Tracking SPX continues to be a clean indicator for crypto swing move.
I called the top when consensus were calling for a run to 6500
Now the dominant narrative is tariff induced capitulation to 4800
I think we chop around these levels or bounce to 5400-5500 in the short term
Tracking SPX continues to be a clean indicator for crypto swing move.
I called the top when consensus were calling for a run to 6500
Now the dominant narrative is tariff induced capitulation to 4800
I think we chop around these levels or bounce to 5400-5500 in the short term
Tracking SPX continues to be a clean indicator for crypto swing move.
#SPX clearly looks overextended with weekly bearish RSI divergence
Weak economic fundamentals add downside pressure.
To avoid this downturn, strong earnings growth and stable Fed rates are key.
Cautiously bullish for now. Earnings reports this week from major institutions👇
#SPX clearly looks overextended with weekly bearish RSI divergence
Weak economic fundamentals add downside pressure.
To avoid this downturn, strong earnings growth and stable Fed rates are key.
Cautiously bullish for now. Earnings reports this week from major institutions👇
January CPI data was 3.0% vs expected 2.9%
Core CPI was 3.3% vs expected 3.1%
Inflation has risen for 4 straight months
CPI data justified the Fed’s rate pause
10 year yield jumped 12 bps post release
Market based tightening is happening and rate cut expectation has reduced.
Since March 2020 lows, the #SPX has grown from 2178 to 6134, over 170% gains
While the 10 year bond (the interest you earn from holding the dollar) has gone up from 0.65% to 4.5%.
Which do you think will be more attractive to long term investors in the coming months and years?
It has never been a matter of whether we will experience a Bear market followed by a Bull market, It has always been a matter of when (Timing) and for how long (Extent)
Understanding market cycles will change the game for you
#Bitcoin
It has never been a matter of whether we will experience a Bull market followed by a Bear market, It has always been a matter of when (Timing) and for how long (Extent)
Understanding market cycles will change the game for you
Did an analysis Yesterday on #Eth and I felt disbelief
Are we in the disbelief stage of the market psychology cycle? (check chart below)
This could be a chance of a lifetime, the probability will increase if we breakout of the Triangle
What do you think?
$Eth #altcoin
$Eth weekly Triangle Pattern and Target of $19K $Eth this Bull cycle
Even I am in disbelief😂 but that’s what the Technical pattern predicts so there’s a possibility
#Ethereum#Eth#BullMarket