Flying Monkeyz

Leidenschaftliche Gamer. Film&Serien Junkies. Fußball Liebhaber.

[Henrik Zeberg @HenrikZeberg]

Listen to this....

And yet you have people believing that Bitcoin is going to take the role as Reserve Currency.

Anybody claiming that has no idea of the importance of a strong USD-dominated system for the US.

Bitcoin will never-ever reach anything like this. It is an extreme risk asset with a cult behind it!

[Henrik Zeberg @HenrikZeberg]

Bitcoin is getting slapped by the real King…. The USD.

“Salvation for the Monetary System”🤦‍♂️

But …. It will bounce and the crowd will cheer and think it goes to extremes 😅

[Henrik Zeberg @HenrikZeberg]

TOTAL3-BTC ratio soaring!

The turn is coming. Patience

[Henrik Zeberg @HenrikZeberg]

Why will Bitcoin RALLY - and then CRASH?

Bitcoin is a USD (DXY)-story. When DXY drops - BTC rallies.

And the DXY is a EURUSD-story. This pair defines the direction of DXY (being 57.6% of the DXY-basket).

BTC has rallied into the spikes in the EURUSD since the beginning of BTC.

See - the long-term chart EURUSD is very clear.

One more SPIKE into the Wedge - before strong reversal and Crash in this pair.

Translated into BTC. Strong rally/bounce - before BTC gets absolutely Crushed under the weight of the USD wrecking Ball as the Deflationary Bust develops.

That is the reason for my BTC Outlook.

Bitcoin possess NO FUNDAMENTAL VALE what-so-ever!

Now watch the BTC Rally setting off soon!

[Henrik Zeberg @HenrikZeberg]

Final Bottom in ETH and BTC moving closer!

Soon! 🚀

First little more flush.

[Henrik Zeberg @HenrikZeberg]

#Bitcoin will crash horrendously.

It has been and it is a Bubble. It has been clear all along. It was just waiting for a Recession to Crash this Digital Tulip.

But - WE ARE NOT "THERE" YET!

There will be another strong BOUNCE in BTC.

Nothing move in a straight line. And we have a sharp decline in DXY in store - before we get to that phase. That will be good for BTC.

But later - as DXY soars - BTC will proven to be the worthless tulip it has always been.

- It is not Digital Gold.
- The scarcity argument has been proven incorrect so many times before.
- It does not solve ANYTHING in the Financial Sector.

Remember - sentiment ALWAYS gets it wrong!

Hence - be patient - and observe the LONG PERSPECTIVE!

[Henrik Zeberg @HenrikZeberg]

Fed is not trying to quell inflation.

They are trying to quell the Market Bubble and rampage speculation.

Tried that twice before in similar situations: 1928-29 and 1999-2000.

Now enjoy!

[Henrik Zeberg @HenrikZeberg]

Large PULLBACK coming to Nasdaq, SP500 and especially BTC.

NOT the Top - but some will say this was it....

Now watch!

[Henrik Zeberg @HenrikZeberg]

I just cannot express enough how insane this is.

A company creating a yearly LOSS of 5BN USD - and has accumulated a LOSS of 41BN USD over the last few years.....

This is NOT what you see at Bull Market Take-Offs. This is the Final Phases of a Bull Market.

And people speculating in SpaceX will lose a lot of money.... unfortunately!

Stay tuned!

[Henrik Zeberg @HenrikZeberg]

One more pop in #DXY short-term .... before lower.

Risk Assets - opposite - and FEAR!

[Henrik Zeberg @HenrikZeberg]

In other words: "I need you to be my exit liquidity".

Now start listing the "analysts" and "BTC experts" who have told you that Bitcoin will reach 1M or above.

It is a Bubble!

[Henrik Zeberg @HenrikZeberg]

Wait for the strong Bounce in #Bitcoin

"Fool's Rally" - or "Bull Trap"

Call it what you want!

Then Crash!

[Henrik Zeberg @HenrikZeberg]

BTC will bounce.

But the setup is extremely Bearish (after the bounce).

Stay sane!

[Henrik Zeberg @HenrikZeberg]

HISTORY RHYMES:

One of the most powerful investment arguments of 1989 Japan was:

"They aren't making any more land."
"Japan is a small island nation. Land is scarce."

At the peak, the land beneath Tokyo's Imperial Palace was said to be worth more than all the real estate in California.

Then the bubble burst!

The land didn't become less scarce.
The price simply fell.

Today, many make a similar argument for Bitcoin:

"There will only ever be 21 million BTC."

That may be true.

But Japan taught us an important lesson:

Scarcity alone does not create value.

When an investment thesis relies primarily on limited supply, investors should ask a second question:

Who will have the income, credit, and liquidity to buy it at a higher price?

Scarcity is not enough. It never was.

Bitcoin is a Bubble - and it will burst!

Now enjoy the strong Bounce.

[Henrik Zeberg @HenrikZeberg]

The Rotation into extreme-Risk-Assets like #BTC and #ETH #ALTS will be very Powerful - and last only a short while.

Stay tuned!

[Henrik Zeberg @HenrikZeberg]

Mark My Words 👇

The Bear Market will be led by the Tech sector. Like in 2000-2001. Economy later!

But - the Crisis will develop like 2007-08 - as a Balance Sheet Recession. Hard on Consumers and the Economy.

The Fed will react after the initial strong decline in stock market like in 2020 - and the hangovers will be felt like the late 1970s.

We are so close!

I explain the above in the coming Zeberg Letter (June) - which will be published later this week.

Subscribe here:
https://t.co/a8hq9usrp1

[Henrik Zeberg @HenrikZeberg]

US Dollar Index (DXY) - Elliott Wave Analysis

Wave 4 Completion and the Final Leg Toward a Deflationary Wave 5 Peak

Read the analysis here:
https://t.co/eSDusp1lbx

[Henrik Zeberg @HenrikZeberg]

Don't think the Correction is over in #SP500 and #Nasdaq.

Lower the coming days - before we rally towards ATHs gain.

[Henrik Zeberg @HenrikZeberg]

As I said!

Silver Rally was a "Hype". And it was the Top - the Weekly Reversal Candle.

No fundamental reason behind that extreme rally.

The "Eiffel-Tower"-structure is now playing out.

Dear Silver-Bulls.... much lower levels coming!

[Blocktrainer @blocktrainer]

Der vollständige Gesetzestext des ARMA Act von @RepNickBegich wurde veröffentlicht. 🇺🇸👀

Der Gesetzentwurf soll die US-Bitcoin-Reserve verankern und Eigentumsrechte schützen. 🔥

Das 1-Million-BTC-Ziel der Vorgängerversion wurde jedoch verworfen. 📜🧐
⬇️
https://t.co/rjHh7HpCpO