Bitcoin vs M2 Money Supply
2020 Covid Year - Money Printer goes BrrrrrRRRrrrr...
Stablcoins market cap increase many magnitudes ($20B USDT + others USDC/BUSD)
Bitcoin broke ATH in dollar value will it break in real value yet. Let's see.
Bitcoin Dominance Retracement
BTC reaching $16500 Resistance could see a pullback and ranging for the following months.
Alt coins may see cyclic rotation and BTC.D dropping into the 40-50% region and eventually 15-20% region.
Stellar Lumens - Falling Wedge, Bullish Divergence
Falling Wedge since November Breakdown
Bullish Divergence on Daily RSI
Looking for bounces and potentially bottom reversals at green lines - 765, 570, 362 sats.
SPY 50% Crash Looms
S&P500 Index is a benchmark for the US and global equity markets
Historial 10 Year Bullrun posted 300%+ gains
Technicals show top forming since Jan 2018
Fundamentals align for recession: US-China Trade war, Gov Bonds rally, USD continues strong, Treasury Yield Inversion, Minimum Unemployment
Bears target a 40-60% retracement
IOTA eyes 2x gains with potentially more to follow.
IOTA down 90% + in brutal bear market.
USD chart looks to be in deep accumulation range $0.2 - $0.4.
BTC chart is super oversold on the weekly with bullish divergence on the daily RSI.
Directed Acyclic Graph (DAG) technology is a big differentiator in a crowded space.
XRP / ETH Falling Wedge
XRP / ETH is not a commonly traded pair or studied chart.
Falling Wedge is a bullish pattern with a higher probability to break up than down.
Ethereum is bullish against the dollar; if this breaks up this would be very bullish for XRP.
XRP Bounce - XRP BTC and XRP/USD
5 months have been extremely quiet for XRP with volatility very low after a lot of 2018 fall hype.
XRP has been hugging the $0.30 price and is being dubbed the next stable coin.
Supply & Demand imbalance appears equal...
ADA/BTC Chart - Weekly: oversold and 200 SMA at ~₿0.000046, bullish daily divergences
ADA/USD Chart -...
Cardano Bounce - ADA/BTC and ADA/USD
ADA/BTC Chart - oversold bounce off of rising wedge support.
ADA/USD Chart - horizontal support and 200 Day SMA.
Targeting 1500 sats / 8.2 cents for 50% gains vs BTC and 50% gains vs USD in the next few weeks.
Potentially much higher with good fundamental news - Shelley release / Smart Contracts / Ouroborus Staking
Tron Bounce - TRX/BTC and TRX/USD
TRX/BTC Chart - oscillating in a large triangle, oversold and bullish divergence.
TRX/USD Chart - strong horizontal support and 200 Day SMA.
Targeting 730 sats / 5.5 cents for 100% gains vs BTC and 100% gains vs USD in the next few weeks.
ETHBTC potential W bottom reversal
Left Chart BTCUSD 1W
Right Chart ETHBTC 2W
If this plays out and BTC remains strong expect significant USD gains in ETH.
Credits to @BTC_JackSparrow for bringing this to my attention.
Bitcoin U$D prediction to the year 2030
Current Growth Rate does not consider network failure, S-curve adoption, altcoin displacement or fiat hyperinflation; only extreme FUD and FOMO .
$175K Sep 2022
$38K Apr 2024
$1.1M Dec 2028
$292K July 2030
Triple Intersection = The cyclic growth curve (green) crosses the previous ATH (blue)...
XRP at previous breakout consolidation level
XRP / BTC capitulation and weekly RSI oversold at 5 year low
XRP / USD choppy consolidation chart for 5 months
Pink line - previous breakout consolidation as higher low for next pump
Bullish Divergence on shorter time frames
Extreme negative sentiment regarding XRP - contrarian indicator
May not break...
XRP can produce tremendous rallies out of nowhere.
Weekly RSI 30-35 is a good signal.
2019 XRP price has performed extremely poorly despite bullish market conditions.
It often displays a different market cycle to other major cryptocurrencies; vastly outperforming the market for the later half of 2018.
Bitcoins April 2019 candle closed $5269, 20 bucks above the 21 monthly EMA.
In 2015 the 21M EMA proved to be important for Bitcoin's transition from bear to bull market.
Price rejected by 21 EMA in July (yellow) before plummeting back to $200 at the 200W SMA.
Price breakout above 21 EMA in Nov (pink) and supported by it for the rally to all-time highs at...