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...
This is my expectation for how the XDB/USDT chart will play out for the rest of the year. As you can see, I am expecting an extended period of depression, giving us some huge buying opportunities. Somewhere between July/August we might hit the peak of this depression and capitulation, where we could see prices as low as $0.0004 at the absolute bottom. Then in...
"When the VIX is low, look out below!"
+
FEDs motto "Higher for longer"
=
Fed rate hikes to go: 2-3 left
it is pivot time, change of market dynamic from "bad news is good news" to "bad news is bad news".
state of economy is not good and it will start sinking in to investors and public
I don't want to explain u +100500 reasons , why do we cannot go parabolic uptrend from now. (because i don't need too and i don't WANT to help u survive ) I just want this Vision to be Published.
Just too much FOMO, too much people waiting TO THE MOON when the big Depression is very close.
U can believe me or nor - I DON'T CARE
I've closed ALL Longs from 16k here...
The US Consumer Confidence Index (USCCI) does not look so good.
Consumers (normal people) are feeling anxious about their future, and they have good reasons for that.
The Bull Market did not last long after the Covid Pandemic and people don't feel optimistic about their future spending or wealth.
If you don't know what the CCI is, no worries, I will briefly...
Greetings traders!
I am sharing to you today one of my COINBASE:ETHUSD Elliott Waves analysis.
That one is bullish until the summer '23
Fibonacci Extention from the bottom of the orange W to the orange X in order to find the orange Y
Fibonacci Retracement of the purple WXY, in order to know where the objectives converges to be more precise
Fibonacci...
Hey guys,
Been a long time isn't it?
I'm back for new analysis.
Don't worry, the bull rally isn't over, we are just shorting hard in order to have a 50% of bullish variation just after.
I will upload my Elliott Wave long term vision for the different chart that I analyse: SP:SPX ; NYMEX:CL1! ; COINBASE:BTCUSD ; COINBASE:ETHUSD ; FOREXCOM:XAUUSD ...
ETHUSDT prediction analysis using distances between important pivots and fibonacci retracement of ETHUSDT last cycle in the current cycle and the Wall Street Psychology of Market Cycle.
We are currently in the Depression phase.
Is Disbelief around the corner or in 2024?
I think it is in 2024.
Personal Savings are at a historic low, Consumer Credit at highs, and Inflation hasn't popped. The United Kingdom and other leading Eurozone parties have proclaimed their Recession, as the Federal Reserve, BEA, and Executive Branch fight against Wall Street Banks, Wall Street Megacompanies, and basic economic equations contradict each other regarding the US's....
!!!CAUTION ONLY BIG BRAINS FROM HERE ON OUT!!!
White: US 10 Year Bond Yield
Orange: US Debt to GDP
Blue: US yoy inflation
"Inflation transfers wealth from creditors to borrowers for all sorts of nominal debt, not just government debt." -- Christopher J. Neely, Vice President at St. Louis Fed.
What is the Great Reset? Is it a new 1929 Crash, a new Great...
DXY has left the LAUNCHPAD and is unlikely to return home until its surpassed 160!
From the chart we can see that DXY has...
- Emerged from the falling wedge with a measured move target of +72, taking us upto 160 OR BEYOND
- Has retested the falling wedge trend line and created a double bottom support
- DXY has performed these feats before (1980-1985) and is...
This chart shows GOLD and S&P500 on the same % change axis since 1965.
Based on this timescale, GOLD has had a GREATER % rise in price than the S&P 500.
But hang on, isn't GOLD price supressed and is the only asset class NOT in the EVERYTHING BUBBLE?
FALSE NARRATIVE!! Zoom out to this longer time scale and see that GOLD has also ascended into NOSE BLEED...
This side by side comparison shows the similarity in the evolution of GOLD and BTC price.
Over a longer time span gold is painting EXACTLY the same DOUBLE TOP after parabolic rise as Bitcoin has done.
Gold price is up +4,600% since 1966. Compare this to the S&P500 which is up +4,300% over the same time span. Gold price has NOT been supressed, this is a false...
