TradingView
TradingShot
Feb 1, 2023 1:29 PM

BITCOIN The Super Cycle Theory based on the USDΒ Long

Bitcoin all time history indexINDEX

Description

β‹…
This is not the first time we look into the Super Cycle Theory, which is the idea that Bitcoin (BTCUSD) may have just finished its 2nd Cycle instead of the traditional notion of the Four Cycles driven by the Halvings.

It is however the first time we look into it using the U.S. Dollar Index (DXY) and our favorite CN02/CN20Y ration (Chinese Bond Yields 02Y/20Y). As you see on this 1W chart, this correlation is indeed eye-opening as it paints very efficiently the picture of the two Super Cycles.

The DXY (strong) pull-back shows that we are past leg (6), which is the bottom of the Super Cycle and have entered the rally phase. The Higher High on the CN02/CN20Y shows that we could be much closer to the start of the parabolic part than we think. If the DXY extends its aggressive decline, it will confirm the latter notion but a rebound and multi-month consolidation (on the DXY) will take us more smoothly into the rally phase.

Do you agree with this Super Cycle Theory based on the USD? Feel free to let us know in the comments section below!

-------------------------------------------------------------------------------

** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **

-------------------------------------------------------------------------------

πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ
πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡
Comments
dRends35
β‹…
You're the only trader that spam posts on my threads whose content is actually decent.
reggertjr
β‹…
such an interesting correlation.
Pozolkil
β‹…
Hello
Brother, it is always possible to return to the starting point on the technical analysis chart.
Big data and technology can always prevent these events.
So maybe it is better to reduce the number of your fantasies.
Fox666
β‹…
Punishment is coming soon.

ProjectSyndicate
β‹…
awesome overview and write-up thank you
Orriginal
β‹…
That is a Very interestin g chart indeed. It ties in with some of my own ideas - there is little doubt in my mind that we are on the cusp of another overall push higher over the course of the next 18 months..and in that, there will be pul backs where people scream out in fear lol..
One thing I will ask and completely understand if you do not do it, But could you share that chart with a DARK theme ? I have a problem with my eyes and looking at bright chaarts is very difficult for me..
Either way, thanks for sharing your idea ;-)
DemoDiaryFX_Trading
β‹…
it was an interesting read, thank you!
Schindle364
β‹…
fascinating
arvine11
β‹…
Excellent work! Thanks
Anoinvest
β‹…
Great analysis as usuall. Thanks for your work
More