Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
First, a few thoughts / reflection as we reach this critical junction... Let's take a step back. It's easy to get caught up in the chop/noise/hype/news. I just saw a headline that read "The Bitcoin Dream is Dead" and couldn't help but laugh... albeit a bit nervously. At risk of sounding like a Vietnam vet or something, I WAS THERE in 2017, desperately watching...
BTC crossing up the Reference Channel tending to reach out to the next resistances(purple lines). Prediction
Hi All, Due for another BTC macro update since I haven't updated it for a while. If you look at the trend lines, support\resistance, from a wave cycle point of view, this makes sense. Not to forget we are close to over bought conditions on the Weekly RSI which also aligns very well with the SP500 and Gold markets too, which also seem to be over due for a...