Figured I'd share the main indicator setup I'm watching for this bull cycle.
Yes there is a lot of world events today, geo political, war, inflation.
The main point is do what institutions do long term trends forming, follow the trends regardless of the news / media.
Bitcoin has shown to be the strongest resilient asset / commodity of 2023, you have the biggest funds with over 50-100 trillion + allocating to BTC
FRED and central banks are moving towards acceptance to help banks and intuitions gather GDP from a new market, meaning miners will be protected by the government soon enough.
And all of this happening yet Bitcoin sits under $100,000 at a $520,554,105,286 market cap or 3.98% of Gold's total marketcap yes 3.98%.
If all the data is correct and institutions have bought majority of the bottom the FOMO of this cycle could be unimaginable.
My US equity market layout also is pointing to a new upwards movement/
Yes there is a lot of world events today, geo political, war, inflation.
The main point is do what institutions do long term trends forming, follow the trends regardless of the news / media.
Bitcoin has shown to be the strongest resilient asset / commodity of 2023, you have the biggest funds with over 50-100 trillion + allocating to BTC
FRED and central banks are moving towards acceptance to help banks and intuitions gather GDP from a new market, meaning miners will be protected by the government soon enough.
And all of this happening yet Bitcoin sits under $100,000 at a $520,554,105,286 market cap or 3.98% of Gold's total marketcap yes 3.98%.
If all the data is correct and institutions have bought majority of the bottom the FOMO of this cycle could be unimaginable.
My US equity market layout also is pointing to a new upwards movement/
