Looks like this one-week cycle till the 15th turned out to be a bullish one, rather than a bearish one.
As mentioned earlier, resistance is at 63-66k. If that zone holds (without touching 71k), we could be in for another correction down.
This cycle ends on the 15th, so that could be in line with a temp high.
If it gets to 71k, it could be setting up for another parabolic rally.
I'd say odds are leaning towards a rally at this point, with the 15th initiating a temporary stop.
As mentioned earlier, resistance is at 63-66k. If that zone holds (without touching 71k), we could be in for another correction down.
This cycle ends on the 15th, so that could be in line with a temp high.
If it gets to 71k, it could be setting up for another parabolic rally.
I'd say odds are leaning towards a rally at this point, with the 15th initiating a temporary stop.
I'll make a free analysis on BTC or ETH for you guys when I get some more available time.
Otherwise, sign up to the Premium Group, as there are more assets and targets still currently in play.
Otherwise, sign up to the Premium Group, as there are more assets and targets still currently in play.
SP500: As you can see, the underlying value of the companies hasn't really changed. USA is basically hyper-inflating, driving the prices up on the markets.
If I'm not mistaken, the USD has lost about 40% of its value in the last year.
Once the lockdowns end, people will start spending on the streets again and the same thing will happen with the prices of goods.
If I'm not mistaken, the USD has lost about 40% of its value in the last year.
Once the lockdowns end, people will start spending on the streets again and the same thing will happen with the prices of goods.
If we look at the inflation adjusted chart of Bitcoin, it is still following proper TA, and holding around the “relative” 30k zone as I had forecasted in my chart from 2020.
According to that analysis, after rallying from 5k to 30k, Bitcoin was to start a new bear market, potentially going all the way down to 2.2k in 2022.
In light of the inflation dynamic, we will most likely have a “softened” bear market when looking at the BTCUSD chart. If we continue to hyperinflate, there won’t even be any visible bear market until the dollar printer settles down, however that doesn't mean that the true value won't decrease.
Fortunately, we can still use the inflation-adjusted chart as a “barometer” of sorts, to identify the optimal trade entries on the distorted BTCUSD chart.
I feel as though, by being unaware of this discrepancy, many people are erroneously thinking that Bitcoin is gaining extra value, when in reality it's the United States that is failing.
According to that analysis, after rallying from 5k to 30k, Bitcoin was to start a new bear market, potentially going all the way down to 2.2k in 2022.
In light of the inflation dynamic, we will most likely have a “softened” bear market when looking at the BTCUSD chart. If we continue to hyperinflate, there won’t even be any visible bear market until the dollar printer settles down, however that doesn't mean that the true value won't decrease.
Fortunately, we can still use the inflation-adjusted chart as a “barometer” of sorts, to identify the optimal trade entries on the distorted BTCUSD chart.
I feel as though, by being unaware of this discrepancy, many people are erroneously thinking that Bitcoin is gaining extra value, when in reality it's the United States that is failing.
🦅 Hawk Crypto Signals
It looks like DOGE is getting ready to double in price up to 12 cents.
Doge target reached, about 80% in 48 hours since the call.
I'm expecting some consolidation around this level, before doubling the price once again up till 24c.
I'm expecting some consolidation around this level, before doubling the price once again up till 24c.
I'm done with Doge for the time being, I believe the masses are starting to enter here, and they will be liquidated.
My next moves have been detailed in the premium group.
My next moves have been detailed in the premium group.
As planned, the masses have now been liquidated with many of our 50% drop targets reached in the premium group.
Expecting a kickback up soon in the crypto market.
Expecting a kickback up soon in the crypto market.
🦅 Hawk Crypto Signals
For Bitcoin, I see a short entry at 62.5k with a final target of 25k (for this cycle). I'd give a 72% likelihood for this bearish scenario, with the alternative being a rally to 82k.
The bounce is moving as planned, our premium alts gaining 70% profit, and Bitcoin is getting close to the short zone.
It seems to me, as though the 38k-42k level might just hold for now. If we see a fast move up to 56k, this drop could well be over.
Looking at the longterm chart, a full bitcoin reversal from here would be a bit too easy for the bears, I would like to see a short liquidation move first.
I would estimate around 82k for the liquidation move, before sending Bitcoin down to 12k.
Looking at the longterm chart, a full bitcoin reversal from here would be a bit too easy for the bears, I would like to see a short liquidation move first.
I would estimate around 82k for the liquidation move, before sending Bitcoin down to 12k.
🦅 Hawk Crypto Signals
For Bitcoin, I see a short entry at 62.5k with a final target of 25k (for this cycle). I'd give a 72% likelihood for this bearish scenario, with the alternative being a rally to 82k.
First target at 38k reached a couple of days ago, and we could still reach the second target at 25k. If we start bouncing here, the low could already be set (we would still need to re-test 33k in a few weeks).
After that, as explained in my last analysis I see a big rally to ATH (around 82k), before a real bear market.
After that, as explained in my last analysis I see a big rally to ATH (around 82k), before a real bear market.
A lot of alts already reached my targets, so keep an eye out for a possible bounce from here.
This is a small cap coin that I have started to accumulate lately. Its ticker is Pi/USDT (pchain recently re-branded to plian)
Aside from the technicals showing a potential for 1,000x in the coming 6 months, the fundamentals are quite solid too, the team is active and staying on top of the recent trends (De-Fi, NFTs, Decentralized-exchange, EVM, Sidechains, PUSD stablecoin and more).
It currently manages about 185,000 transactions-per-second (10,000 times faster than Ethereum). It also allows for around 15% yearly staking (paid out monthly). I plan on launching an Alien Crew masternode in the near future.
For now, it's mostly traded on gateIO for the USDT pair and on Bittrex for the BTC pair. According to the team, a sum has been allocated for new exchange listings soon.
If you're interested in stacking some up for long-term, here is my GateIO referral link: https://www.gate.io/signup/3300579
Aside from the technicals showing a potential for 1,000x in the coming 6 months, the fundamentals are quite solid too, the team is active and staying on top of the recent trends (De-Fi, NFTs, Decentralized-exchange, EVM, Sidechains, PUSD stablecoin and more).
It currently manages about 185,000 transactions-per-second (10,000 times faster than Ethereum). It also allows for around 15% yearly staking (paid out monthly). I plan on launching an Alien Crew masternode in the near future.
For now, it's mostly traded on gateIO for the USDT pair and on Bittrex for the BTC pair. According to the team, a sum has been allocated for new exchange listings soon.
If you're interested in stacking some up for long-term, here is my GateIO referral link: https://www.gate.io/signup/3300579