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Dan-Ventures

Btc long-term macro investment note

Bitcoin (BITSTAMP:BTCUSD)  
Dan-Ventures  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Beyond Technical Analysis Chart Patterns
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trendanalysis beyondta chartpattern
snapshot

the bearish side:
  • long-term macro trend line was broken (black line)
  • short-term macro trend line is downward (red line)
  • the overall macro liquidity situation is not good (check usd liquidity index and its delta-rate of change)
the bullish side:
  • miner's variable cost of production is around 16~18k under current hash rate and electricity cost structure

when to buy:
  • the short-term bearish macro trend line (red) was broken out
  • macro liquidity improved (usd liquidity index's delta-neutral, rate of change =0 or be positive)
Think Macro, Trade Micro.
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