This is not a crypto analysis , I have more holdings in stock market than in crypto so that's what I care about.
But the curious case here is the situation in BTC long contracts.
It's at a historical high , so high that the indicators at the bottom have no place to go anymore and they are all signaling a downturn in these long contracts.
SO why does this...
BTCSHORTS chart seems to have found a temporary support & may reverse up for a bigger BTC capitulation to continue in the 2nd part of May. We may see a rally in June up to late July. Then another in 4Q2022 leading into Jan2023.
All risk assets tumbled Wednesday 18May into the worst down day since pandemic despite DXY $ index & TNX 10-yr yield retracing, increasing...
This is the only chart that keep me Bullish ASF
The last time we have and ATH the Longs positions are marked in the chart.
Now we have a huge spike in longs positions.
They know something that we dont?
Time will tell, for now, im acummulating every coin that i can, preparation is everything.
Have a good week
I've taken into account the last two bear markets, as being a victim myself of one of them, the highest probability of price action is this crude representation. 2014 Sucked, lasted about a year and a half, 2018 sucked too, lasted from feb 2018 to jan/feb of 2019 before any signs of relief. The bear market signal usually starts the following year after the...
Could simply be at the bottom of a channel here. If we break much further down then I'll call it invalidated. Let's not get bearish at support and bullish at resistance like everyone else just yet!
The number of BTCUSD longs is has never been higher. The divergence to BTC price has never been wider. Expect extreme volatility in the upcoming weeks.
Bitcoin looks to be consolidating into a bearish flag - with most weaker coins falling out of favor and possible new regulation on the horizon this does indeed look like a distributional pattern. Trades off the resistance trend line selling off harder than support buying.
This looks like a bearish flag to me and we are looking for some fundamental catalyst such...
Possible massive longs liquidation, this might not be the bottom. Always use stop loss and be safe.
A this moment you can think ohh btc is so cheap im going to get a bag, i will be a hero, i will catch the bottom.
But witch bottom? the 39k, the 35k one or may be the 29k one, is the last one a broken support? It's true that btc is really cheap and i don't...
The Bitfinex whale den, as it's known. Unless the whales swam away into deeper waters, why is it that there are less shorts than there were at the last major drop in the price of Bitcoin in July 2021??
I mean, look at the chart. The number of shorts opened is miniscule unless there are plenty more coming.
Or...
Whales and market movers are not confident in a...
Last month, I published an article suggesting the weekly line here, head and shoulder trends.At the time, the old readers knew that I was a very cautious person, and that I was always in awe of this highly speculative market.
the market has gone through the worst form, perhaps many people still can not understand, why I am always cautious in words and...
