eloquentplatypus

eloquentplatypus

Every ten years M2 roughly doubles. Current rates of money supply creation do not appear to be unsustainable. Runaway money supply inflation can only occur if the rate of money supply creation accelerates long term, i.e. M2 forms a parabola on its log chart.

eloquentplatypus

Are we seeing a divergence? I doubt it. I think the 10 year bond yield is acting as a leading predictive indicator for BTC. Perhaps we see further tests of supply around this level like in June/July however I expect a reversal sooner rather than later.

eloquentplatypus

The 1.618 fib of the last rally is also the 0.618 retracement fib (not shown) for the current retracement. AllianceBlock is building the future of finance by creating a protocol that will bridge DeFi (Decentralized Finance) and TradFi (Traditional Finance). In TradFi this will enable institutions to save costs by eliminating regulatory and technological...

eloquentplatypus

$12 million market cap. Looks like the bottom is in for the current retracement.

eloquentplatypus

Highly speculative :) Wishing you a merry alt season, cheers!

eloquentplatypus

A coin with excellent fundamentals. It looks like its btc pair is currently printing a long term bottom.

eloquentplatypus

Forming support on what was a multi-year resistance. A 21/50 weekly golden cross is forming.

eloquentplatypus

I don't see much more downside on HBAR, looks like a promising project too.

eloquentplatypus

21 MA and 50 MA death cross on 4H XRPBTC. XRPUSD about to break down from 4H 50 MA support.

eloquentplatypus

Significant resistance at the 1.618 fib and previous ATH level. I anticipate pullback to the 21 weekly before continuation of bull market.