cryptobullethbtcxlm

cryptobullethbtcxlm Updated 

I'm back! After warning for a severe bear market back in early December 2021 it is now time to start preparing for some potential bottom targets. Unlike popular opinion, I still think we have some ways to go although the worst pain is behind us. We are up for a rough winter for the markets given the situation in Europe and the weak earnings that are about to hit...

cryptobullethbtcxlm Updated 

I'm back with another warning and yes I know I have been repeating myself so here's the latest update... Bitcoin and the overall crypto market are playing a game of ping pong with the market makers actively sourcing liquidity from the futures market. This creates choppy price action without a real direction within the local range between 45K and 34K. These types...

cryptobullethbtcxlm Updated 

LINK fell below its all time price channel back in early December 2021, a sign that buyers were exhausted and sellers have dominated the price action. When such a scenario takes place, the market maker is in control pulling up buy walls at a strategic point in the chart. In this case they protected pre-2021 valuations and went on a buying spree between 15 and 16...

cryptobullethbtcxlm Updated 

In line with macro developments such as record inflation and a decade long risk-on environment I see long term strength in the dollar. Its not a coincidence that when everyone is losing faith in fiat, the Federal Reserve (and the market) will start a bull run for the World's reserve currency. The Fed futures are pricing in 50 BPS hikes for the coming meetings, the...

cryptobullethbtcxlm

Dollar is bullish, like I said already months ago. Went all in on this shitcoin since Nov and only started deploying a little bit of this cash lately... I love to track the DXY though, its predictable like a American B movie.

cryptobullethbtcxlm

Bitcoin dropped massively over the weekend as well as the whole crypto market. The main question is whether we are frontrunning the stock market (US indexes mainly) ahead of the FOMC or are we trailing the stock market? The latter means we are following the S&P500 instead of frontrunning it. The correlation with the SPX (S&P500) and the Nasdaq is the strongest...

cryptobullethbtcxlm Updated 

As you can see from my linked idea from March 11th, the apocalypse came. The biggest storm for the short term is over and Bitcoin has reclaimed the 1hr 50 EMA (yellow) for the first time since May 4th, which is a good sign. Yet there are important factors at play in the market right now. First sign of strength would be to hold the 1hr 50 EMA and beyond we have to...

cryptobullethbtcxlm

Here are the levels for Bitcoin for the remainder of the month, watch out for volatility. Further references through the links in signature field. Good luck!

cryptobullethbtcxlm Updated 

Gold has been correcting along with indexes into the FOMC meeting and has bounced together with the risk-on market. I believe gold can retest 2K which acts as a crucial resistance for a confirmed break leading into a gold run. First gold needs to stay above the support zone (in gray) and hold this local support for short term strength. We could see May being...

cryptobullethbtcxlm Updated 

In line with my previous analyses of Bitcoin and the crypto space, we are still in the mark down phase. We hit my local top target perfectly (see my idea linked below: Bitcoin: the big short squeeze) and are about to decide where to go next... Unlike inflation suggests, cash is stil your best bet to maximise buying power at the bear market macro lows. Many...

cryptobullethbtcxlm Updated 

Keep following the oracles with their on chain bullish analyses, bull flag and indicators... Its all BS and so many retail traders get trapped by it, iuts disgusting but if they see my Twitter-profile, they're like: ewhh he's so bearish, NGMI. Nah man, I tell you straight up, show me a single person on this planet that predicted BOTH THE DOLLAR AND BTC. I will...

cryptobullethbtcxlm

just now I warned for a 'sell the news' event for the Dollar earlier this week, it was pretty obvious the dollar was overextended. However the dollar remains long term bullish and I do see much higher targets for the months / years to come. 107 is the next target for the DXY which could take a few months at least, before we'll get there. I expect some short term...

cryptobullethbtcxlm

How was your trading week? Did you get trapped by the market maker or did you take my analysis into account? If you got trapped, you should scratch your head because it was obvious what was about to come. No worries though, you live and you learn. I'll keep posting my thoughts and analyses out loud here and I am not your financial advisor but I do like to help...

cryptobullethbtcxlm Updated 

Day trading chart for Bitcoin in 2022 - Bitcoin is approaching a key resistance area to determine 2 more waves up or an ABC correction towards the lower bounds of the range. It will be interesting to see how the market will deal with an even more hawkish fed that will drop a 75 to 100 bps hike combined with record inflation. Some parts of the market will have to...

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cryptobullethbtcxlm

In this video we go over the trend of Bitcoin since we topped out at 69K and what we can expect for the coming weeks. With the Federal Reserve announcing their latest numbers on inflation, the US economy and especially (!) their new interest rate and their pace of tapering - we can expect high volatility hitting the markets this week! I will go into recent price...

cryptobullethbtcxlm Updated 

Another week, another narrative for the markets! We are in the midst of a geopolitical stronghold, that from a traders perspective; turns attention towards risk-off assets. Besides the political turmoil, we are facing an interest rate hike in the US on March 15, which according to the fed watch could turn out into a triple or quadruple hike of 75 to 100 base...

cryptobullethbtcxlm Updated 

Interesting play by the market makers on Friday where we saw a stop hunt drop in the brink's box (pre market New York) in order to send it during the session. Most of retail was fearful at 40K just over a week ago and euphoric a week later at the same price; "the bottom is in" and I've seen the "100K" posts again. Too funny. But this exactly how market makers...

cryptobullethbtcxlm Updated 

In this analysis I'd like to dive into the macro price action of Bitcoin this year and what we can expect till the end of February. To understand what happened and what could happen we'll look at data from futures , options and the trend we has since the ATH in November. From 69K to 33K First lets look at the price action of Bitcoin from 69 to 33K , some might...