Under the current market conditions aka high Inflation I think it makes sense, to look at all assets vs M2 money supply instead of the USD. USD losing value against assets so quickly, that classic technical analysis is limited. As you can see, if valued against M2 the SNP is still about to recover from the dot-com-bubble. I think it will take about the next 5-6...
FTM about to break all-time high, after breaking the trendline. As you can see, FTM is ahead of the Market, had its Dip in mid December and is now already Pumpin to new ATHs. Targets for wave 3 and 5 are in. I anticipate the rest of the crypto market to follow ! As it did with the dip pretty much picture perfect.
Correlation of US Gov. Bonds and BTC price increasing recently, as Market Cap of BTC increases drastically. Next i expect a 100% increase in yields over the next 3-6 month. and a price increase of 400% for BTC
My Forecast for US Bonds. Think it will go up by approx. 100% within the next 3-6month. I expect BTC and Crypto Market to follow along
Check out this correlation of BTC and Bonds on the daily. Bonds ALWAYS being ahead of BTC when it comes to pumps, while BTC dumps first. This makes me super confident, that BTC is on the edge of a massive Pump. I think bonds will pump up the trendline (related post) where they will get rejected.
I think under the current market (and inflation) conditions, we have to take a lot at assets vs money supply, to see where we're at. In my opinion the SNP just broke the B high and is now on the way for wave 3, don't see any bear market here! Thought we would see some more Resistance from the B high, esp with the news around the FED, but if you look at the 10yr...
Looking at the Trend line, it looks like the current financial system might be close to its very end. Put into perspective of the massive Accumulation of the whole Crypto Market, it makes sense for every single investor to stray away from traditional finance. Hyperinflation comming?
They wyckoff Accumulation continues to play out absolutly perfectly. Maybe a second Spring could still occur. But i think this scenario is the most likley. The RSI divergence is crazy on the daily. Once we Jump up from 34000 (.618 line) we should also break the RSI downtrend and make a higher high on the daily RSI for the first time since January. BTC is...
The Wyckoff Accumulation continues to play out perfectly. Selling Volume close to zero ! Also checkout the Huge RSI bullish Divergence on the Daily ! Remeber, the more FUD the more THEY buy. If you check the news it also seems like they stopped their FUD-campaign
Wyckoff Acc. playing out absolutly perfect. The latest test had signifikant lower Volume than the Spring. From here we see selling pressure decline.
I think taking a look at the past is one of the best ways to predict the future. History repeats itself over and over again. Wyckoff always emphazised Volume as the best Indicator. He also challenged us to ask ourselves "what is the composite man doing right now?" I think he was spreading FUD like crazy, while accumulating Phase C Remeber what the Spring aka...
We see picture perfect Wyckoff. With the perfect Spring. Now wait for the Test
I Think what we see right now is already the sign of strength within a Wyckoff Accumulation. I Think it makes sense that BTC runs through patterns faster than Stocks, as the whole crypto market is much faster and more volatile! Also the number of Bitcoin Shorts is through the Roof, wich means the could be a HUGE short-squeeze pumping the price like crazy. The...