Worldwide, 90days, search trend in Google for bitcoin (red arrows). Orange arrows represent " bitcoin use case ", ie the educated investor?
It shows you the mainstream peak euphoria, enthusiasm or fear , usually at market extremes?
Highest search volume coincides with trade volume.
Other indicator for "hype" would be bitcoin hashtag in twitter/X....
Mastering Fibonacci Retracement :Navigating Bitcoin's Volatility
Navigating the volatile landscape of Bitcoin trading can be a daunting task for both novice and experienced traders alike. However, equipped with the right tools, traders can identify potential support and resistance levels, make informed decisions, and capitalize on market movements. One such...
Embarking on a journey in the world of trading demands a profound understanding of market intricacies. One often-overlooked yet powerful aspect is the domain of negative correlations — the intricate dance where the movement of one asset influences another inversely. This guide aims to be your compass in navigating these complex waters, exploring real-world...
Bitcoin, the world's first and most prominent cryptocurrency, has sparked a revolution in the financial landscape, challenging conventional notions of money and paving the way for a decentralized digital economy. Its potential to transform the future of money is undeniable, but its journey towards widespread adoption is still in its early stages.
Decentralized...
Voodoo levels tip: When low volatility is expected (like over the weekend), price on an intraday basis will most likely range between DH1 and DL1 levels.
Exceptions can always happen. But expecting low volatility and mean reversion at the CME open on Sunday is something I continue to bet on.
Enjoy your weekend!
I write to you with a sense of concern and urgency regarding the current state of global financial markets. As an astute investor, it is crucial to stay ahead of potential crises that could significantly impact your portfolio. In light of this, I would like to draw your attention to two potential scenarios that demand our immediate attention: hyperinflation and a...
This post contains a great tip for all bitcoin traders. I use it every day for my bitcoin trades.
On the chart you see two green vertical lines. These are drawn from 8:30 AM EST to 11:30 AM EST everyday New York Time.
I call the time between these lines Money Zone, which is where Whales/Institutions/MMs/Whatever set up their day trades.
The yellow Horizontal...
Yesterday I was playing with my niece in the garden and out pops my dad holding his phone.
"You know that Amiga that I've had for years?" , He said.
"Yeah?" , I replied
"It's going for £250!, How crazy's that?!" , he exclaimed.
I thought to myself (1) I don't care and (2) It's irrelevant information.
But that's the probs with traders too, they focus on...
Hello traders, today we will talk about EMOTIONAL STATES OF A TRADER
#1 Optimism – Everything starts with a positive outlook or a hunch that will lead traders into buying a stock.
#2 Excitement – Things start to move the way we want them to you feel giddy because of it. This is where we start hoping and anticipating that we are possibly making a success story...
Today, I will reveal what I think is the best cryptocurrency portfolio in 2023.I think this portfolio will be the best altcoin in 2023.
1.Arweave (AR)
Arweave is a Blockchain-based decentralized platform that provides a permanent and tamper-proof data storage solution.It was launched in 2017 by a group of developers led by Sam Williams.The platform aims to...
Currency Features:
Decentralization: Bitcoin is the first distributed virtual currency that is entirely user-driven, without the presence of any central bank. Decentralization ensures the security and freedom of Bitcoin.
Global circulation: Bitcoin can be managed on any computer connected to the Internet. Anyone, anywhere in the world, can mine, purchase, sell,...
There are no wasted paths in life. All your efforts now either earn experience, knowledge, or wealth. As the Chinese saying goes, "Don't put all your eggs in one basket." This is because if you accidentally drop the basket, all the eggs will break. This principle applies to investment markets as well. It is recommended to avoid concentrating all funds into one...
📉 WHY I AM BULLISH ON BITCOIN FROM A FUNDAMENTAL-MACRO PERSPECTIVE ?
✅ Exchange reserve is a collective measure of potential coins that are ready to be sold in the market.
Exchange Reserve is the accumulated result of Exchange In/Outflow & Netflow which naturally follows the indications that in/outflow has. Similar to Exchange NetFlow's interpretation, an...
BTCUSD
Got rejected around .618 Fibonacci level.Is this rejection will hold the bull market.Before that we can see
minor double top pattern. The fear and greed index for BTC is still below the 15 level.As Fibonacci principle
Our primary bullish target would be 42400.00 which is 1.272 level
So the impulse move acts as if it's taking a big breath in, and then the retracement is the breath out. This collection of impulses and retracements then leads to higher highs etc.. all being formed, creating our trend. In this case it is the retracements we are concerned with, and Fibonacci is a tool used to figure out areas in the market where price may stall or...
INVESTMENT VERSUSES SPECULATION
What is an investor?
An investment operation is one which upon thorough analysis promises safety of principle and an adequate return. Operations not meeting these requirements are speculative.
The DOTCOM bubble started around 1997, peaked around 2000 and ultimately burst in 2002. The bubble revolved around speculative...
