The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA). I expect these coins to crash at least another 90% from where they currently are. I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun...
PEPE looks toppy once euphoria ends on PEPE it's going to dump hard too many large wallets transferring to exchanges. just yesterday we had over 6T pepe inflows to binance
looking like UTAD is near. 31600-33700 or %113 for harmoni
It’s no secret that the US banking industry is facing some significant challenges when it comes to securities losses. In fact, the Big 4 US banks - JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America - are sitting on a combined $211.5 billion in unrealized losses. That's a huge amount of money, and it's certainly cause for concern among investors and...
BTC DI SC5. target for top 31600-33700. should get UTAD in a week
All credit booms brought about by Central Bank-induced artificially low interest rates and loose lending standards end in busts. In the recessionary phase that follows the boom, credit becomes much harder to attain and many over-leveraged businesses end up going bankrupt. The recessionary phase reveals the malinvestments and unsound business decisions that were...
distribution schematic 5. same fractal we had at 69k. algos will rekt early bears on Wed then we take over
looking like schematic 5 same one we had at 69k. should be boring sideways movement leading into fed then a blow off to to the daily FVG
BTC 10400-8000 target over the next 3-5 months. some harmonics there on my second macro chart
I just opened a short position at current price. I will add if price tests the $24.8 resistance level and is rejected. Important to see a rejection before adding another short position.
May will be bloody. we topped today one retest of this high on fed day and it's over. following .com fractal with same gaps and structure. both have triple tops
The VIX is the volatility index of the SP500. Generally, it trends up during bearish times and trends down during bullish ones. In the past, the VIX has always spiked up during a market bottom. Looking at the chart, we can see that the VIX has not spiked up yet and formed a bottom like it has done in the past. We only have ~30 years of VIX data, but it has...
The recent failure of First Republic Bank highlights the problems facing the US banking system. These problems include the continued increase of delinquency rates on Credit cards, Commercial Real Estate & Automobiles, as well as a decrease of commercial bank deposits and M2 money supply (-4.2% YoY). These problems, among others, are causing banking institutions to...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
Same for bitcoin .. if you still have money in profits GET OUT! Do not hold it ; secure your profits that you had made and buy again until we reach the true bottom. The Feds has confirmed that the mild recession is coming in the end of 2023; do your thing and be prepared. The markets will keep crashing until the true bottom is in; it will take 2 full years for...
I have broken it into 2 parts. Part 1 – we can associate it with the sequence then. Part 2 – we can take reference as the situation unfolds. Part 1 - 1929 sequence that seems familiar today: a) Crisis triggered by several factors b) Stocks rose rapidly c) Chain reaction of events d) Bank had invested heavily e) Bank failed Part 2 - As it continued in...
Too many bear patterns, the only thing that is preventing the price to crash is the strong trendline. I'm not sure if is going to hold, I have a short position but I will close it out at the bottom of the bear flag. In this market I prefer to wait until the support is broken.