Using fibonacci supports, BTC/M2 has just broken 1.618. It will most likely test 1.0 fibonacci support this year.
In BTC/M2 it is possible to identify two very strong bear market patterns:
- Exact double top pattern
- Bearish Flag Pattern
Both in yellow.
This analysis consists of evaluating all the money in cryptocurrencies and relating it to the amount of dollars in circulation in the world.
This proportion is given by TOTAL divided by MONEY STOCK
There are both support and resistance lines with 3 points or more confirming them.
It can be said that strong trends emerged from the moment that breakout and...
reviewing from my older chart that tried to make sense of the last the last ATH from Bitcoin against the money supply (money printing)
can clearly see it broke the previous support price and is still struggling to get above even with all this 'extra' money floating around
many big financial companies are liquid right now, there is plenty of opportunity from the...
We are oversold
We know its close in this chart
The Market is closer to low. Than most think
Buy the lows Sell the Highs Tutorial
We are still massively in debt that seems to be unwinding
US Republican Senators are Pro Bitcoin
We have a Jerry atric in office that can't properly read a script
No way BTC doesn't see new high next 3-5 years
The scam debt...
The fundamental cheapness of gold is a fairly sideways chart. We are approaching a similar cheapness as was seen in 1999 to 2003 where we saw a ~700% rally until 2012. When we established a top in the channel in 2012, the market bottomed. It appears currently that it's not done selling off and has some room to run down, or is about to establish a sideways bottom...
Just recording this graphic for the future.
The Nasdaq 100 has had a great past decade, but now we're at a critical time for the tech-heavy Nasdaq index When looking at Nasdaq divided by the Money Supply, news about how the feds will guide the US economy will force people to make a decision about their portfolios:
Do you diamond hand your tech stocks or dump...
The Nasdaq is worth about 10x of what it was in 1990, in real terms, if you take away all the money printing. The support structure from the 1990s that decayed in 2008 has now been resistance for a *decade*, and now that we're at a historical zone of sky high valuations and overboughtness, it wouldn't surprise me if it dropped 75% from here. What if there is more...
S&P 500 - The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on exchanges in the United States. It is one of the most commonly followed equity indices.
M2 is a measure of the money supply that includes cash, checking deposits, and easily-convertible near money.
How long will it...
Some people say that things are getting cheap. I agree, they are in the process of getting cheap, but we're not quite there yet as far as historical bottoms go. The Russell isn't that cheap yet, still twice as expensive as in 2009. Unless a true miracle happens, it's hard to see any upside in this market as far as real wealth terms(as opposed to numerical price...
Business loans relative to money supply spikes during periods of recessions.
As you can see the law of diminishing returns is creating lower highs,
As per this chart there is no indication we are in a recession. Why?
I would argue because we are still in a recession since 2020.
You can't fix an insolvency problem with liquidity.
BTC chart without COVID-inflation that began in 2020. This suggests that a market fall can be very painful. Subtract 40% off price when planning to place buy orders. (before the start of Covid, all the peaks on the charts almost coincided)
Bunch of indicators which I created to check FED fundamentals:
SPX/WM2NS - adjusted price of SP500 taking into account inflation rate
Inflation Rate YoY: Yearly CPI index in US and EU
M2 money supply: yearly change of M2 money supply
CPI years back 2.5: 2.5 years comparison of price index - taking into account that QE started in 03/2020, how much the CPI...