Feels Strategy
#Gold / $BTC (Digital Gold) correlation πͺ As we can see in the last 2 weeks, there is a strong positive correlation (green histogram). In the long term, this correlation will grow, because if you read the white paper of Bitcoin, it is primarily a protectiveβ¦
#Gold / $BTC (Digital Gold) correlation πͺ
πMy post yesterday told us that liquidity will flow into Bitcoin and gold. Comparing these two assets, which are also often correlated, is interesting.
πMost of the time, gold is the first to start moving up, and #Bitcoin catches up with it, this happens because we have a "risk-off" period, when risk assets are sold off for a while, until after losing these "weak hands", we start to catch up with gold.
π‘These decorrelation zones are clearly visible on the Spearman indicator. Red bars (moment of decorrelation) were often a local bottom for Bitcoin.
πMy post yesterday told us that liquidity will flow into Bitcoin and gold. Comparing these two assets, which are also often correlated, is interesting.
πMost of the time, gold is the first to start moving up, and #Bitcoin catches up with it, this happens because we have a "risk-off" period, when risk assets are sold off for a while, until after losing these "weak hands", we start to catch up with gold.
π‘These decorrelation zones are clearly visible on the Spearman indicator. Red bars (moment of decorrelation) were often a local bottom for Bitcoin.
#Bitcoin Long-Term Power Law
πIt seems to me that the market is full of eternal bull analysts who constantly shout "to the moon" and claim itβs inevitable and happening tomorrow.
In contrast, the forecasts of more realistic analysts, even if modestly bullish, get lost in the noise.
πI predicted the bottom at 16k and called for a local peak at 72k, something over 95% of analysts missed.
π‘Now, I maintain that we are still in a bull market, repeating for the past year that we are in a 3-wave cycle. In about a month, I expect the third and final move of the cycle, which will end somewhere near the green line in a yearβοΈ
πIt seems to me that the market is full of eternal bull analysts who constantly shout "to the moon" and claim itβs inevitable and happening tomorrow.
In contrast, the forecasts of more realistic analysts, even if modestly bullish, get lost in the noise.
πI predicted the bottom at 16k and called for a local peak at 72k, something over 95% of analysts missed.
π‘Now, I maintain that we are still in a bull market, repeating for the past year that we are in a 3-wave cycle. In about a month, I expect the third and final move of the cycle, which will end somewhere near the green line in a yearβοΈ
#Bitcoin RHODL ratio
$BTC completes the formation of the 2nd accumulation zone. It is similar to such a zone in 2017 and 2020. And it also differs from them.
πThe most important difference is that we had a rather strong breakthrough between purple and blue, this time ETF adoption distorted the situation.
π€How will this affect our current blue accumulation?
Rather, that will take a little longer. And also the breakthrough will be less strong than, for example, in 2020/2017. I would expect not x4 but x2 on the RHODL scale.
π‘So what can be said is that it is still too early for distribution and the next movement will definitely happen, but of course, I recommend counting on modest targets.
$BTC completes the formation of the 2nd accumulation zone. It is similar to such a zone in 2017 and 2020. And it also differs from them.
πThe most important difference is that we had a rather strong breakthrough between purple and blue, this time ETF adoption distorted the situation.
π€How will this affect our current blue accumulation?
Rather, that will take a little longer. And also the breakthrough will be less strong than, for example, in 2020/2017. I would expect not x4 but x2 on the RHODL scale.
π‘So what can be said is that it is still too early for distribution and the next movement will definitely happen, but of course, I recommend counting on modest targets.
Feels Strategy
#Bitcoin Keltner Channels π No one doubts that this cycle will be similar to a 3-wave one. In the last post, I said that I do not expect a fall in February and March, and even closer to the halving, the 2nd wave will begin to fade. π‘That's what happened.β¦
#Bitcoin 3-wave on Keltner Channels π
We are approaching the moment of the beginning of a new wave.
πSee the quoted post, bitcoin was then before the halving and took the ATH. All the analysts were shouting "that 100k would come soon". But at that time I already knew what the next half year was waiting for us.
πThe problem with the majority is that they cannot distinguish what is important from what is not in fundamental analysis. Most ignored overbought, seasonality, and liquidity.
π£Now, some call the current situation a bear market and expect some deep bottoms, focusing only on one of the elements of technical analysis - the trend (LH/LL).
π‘Think coldly, trust only proven analysts.
We are approaching the moment of the beginning of a new wave.
πSee the quoted post, bitcoin was then before the halving and took the ATH. All the analysts were shouting "that 100k would come soon". But at that time I already knew what the next half year was waiting for us.
πThe problem with the majority is that they cannot distinguish what is important from what is not in fundamental analysis. Most ignored overbought, seasonality, and liquidity.
π£Now, some call the current situation a bear market and expect some deep bottoms, focusing only on one of the elements of technical analysis - the trend (LH/LL).
π‘Think coldly, trust only proven analysts.
Feels Strategy
$CKB has doubled in value over the past 3 daysπ³ Thanks to a combination of extreme fearπ¦ + and buy signalπ’ we've almost got a perfect buying signalπ We want to remind you that when reaching the red zoneπ₯ taking profits on most coins is a good idea.
$CKB has doubled in value over the past 7 daysπ
The last time we posted about this asset, it had reached a local peak with a 9x profitπ° after which it dropped by about 80%. Currently, the coin is trying to break through the yellow zoneπ¨
The last time we posted about this asset, it had reached a local peak with a 9x profitπ° after which it dropped by about 80%. Currently, the coin is trying to break through the yellow zoneπ¨
#Bitcoin Bollinger Band π
The asset's volatility can be analyzed by observing the width of the Bollinger Bands, with the BBW oscillator serving as a helpful tool to track it.
βοΈ Typically, we see three waves of rising volatility before the major bull phase. The first wave usually marks the market bottom, while the second or third wave tends to coincide with the midcycle peak.
π‘ The seasonally weak month of September is already half over weβre approaching the end of this period of volatility contraction that often defines the summer lull. Likely, weβll soon experience a surge in volatility, and with favorable liquidity, expect significant upward movement. βοΈ
The asset's volatility can be analyzed by observing the width of the Bollinger Bands, with the BBW oscillator serving as a helpful tool to track it.
βοΈ Typically, we see three waves of rising volatility before the major bull phase. The first wave usually marks the market bottom, while the second or third wave tends to coincide with the midcycle peak.
π‘ The seasonally weak month of September is already half over weβre approaching the end of this period of volatility contraction that often defines the summer lull. Likely, weβll soon experience a surge in volatility, and with favorable liquidity, expect significant upward movement. βοΈ
Weak Dollar = Strong #Bitcoin
πThe dollar's influence on $BTC is undeniable β when the dollar weakens, it often boosts Bitcoinβs price. The chart below highlights moments when the two assets move in sync.
Whatβs next for the dollar index? π΅
π‘The dollarβs decline is expected to accelerate as soon as the Fed begins cutting interest rates, which is set to happen tomorrow. As the DXY starts to drop, the turquoise line (with the inverted DXY) will climb, creating a favorable environment for Bitcoin's price growth π
πThe dollar's influence on $BTC is undeniable β when the dollar weakens, it often boosts Bitcoinβs price. The chart below highlights moments when the two assets move in sync.
Whatβs next for the dollar index? π΅
π‘The dollarβs decline is expected to accelerate as soon as the Fed begins cutting interest rates, which is set to happen tomorrow. As the DXY starts to drop, the turquoise line (with the inverted DXY) will climb, creating a favorable environment for Bitcoin's price growth π
#Bitcoin distance from 50SMA π
This SMA has often acted as support during a bull market.
πThe rate was also lowered today by 50 basis points, more than planned, a sign that the FED sees that the economy needs more help from the regulator.
π‘Such a radical step is an indicator that very soon additional liquidity will appear on the market and, as we know from previous posts, it will, of course, settle in $BTC and gold.
This SMA has often acted as support during a bull market.
πThe rate was also lowered today by 50 basis points, more than planned, a sign that the FED sees that the economy needs more help from the regulator.
π‘Such a radical step is an indicator that very soon additional liquidity will appear on the market and, as we know from previous posts, it will, of course, settle in $BTC and gold.
#Bitcoin / #Russell2000 correlation:
πThe index of small companies is known for being highly dependent on bank financing. Therefore, of course, he is the main beneficiary of cheaper money after the rate cut.
πWhat we see about correlations, $BTC bull markets, coincide with the movement of this index as you can see, in the green zone on the Spearman indicator,
π‘We can also see that Russell 2000 is far from its ATH, which is also a bullish sign, because small companies in the stock market grow quite predictably with GDP growth and increased liquidity, and in the current state is far from overheated.
πThe index of small companies is known for being highly dependent on bank financing. Therefore, of course, he is the main beneficiary of cheaper money after the rate cut.
πWhat we see about correlations, $BTC bull markets, coincide with the movement of this index as you can see, in the green zone on the Spearman indicator,
π‘We can also see that Russell 2000 is far from its ATH, which is also a bullish sign, because small companies in the stock market grow quite predictably with GDP growth and increased liquidity, and in the current state is far from overheated.
Feels Strategy
$PEPE has grown by about 50% in the last 3 daysπ after testing the yellow zoneπ¨ Thanks to buying in the green zoneπ’ + fearπ¦ and selling in the orange zoneπ + extreme greedπ₯ we've achieved profits of x12 and x16π€ It's important to understand that meme coinsβ¦
Although $PEPE has risen by 20% todayπ it is still positioned between the green and yellow zones.
After the asset reached the orange zoneπ and faced extreme greedπ₯ it needed to cool down, which is happening now, accompanied by fearπ¦
After the asset reached the orange zoneπ and faced extreme greedπ₯ it needed to cool down, which is happening now, accompanied by fearπ¦
#Bitcoin Supply Crisis? π
πThe reserves of BTC on centralized exchanges are hitting new lows π
πAs you can see from the chart, the amount of $BTC available for trading is plummeting. This drop indicates accumulation by long-term holders, reducing the supply for potential sellers.
π‘ Historically, when exchange reserves fall like this, it's often a precursor to an upward move in the market. With the supply drying up, and money liquidity rising a new rally could be just around the corner βοΈ
πThe reserves of BTC on centralized exchanges are hitting new lows π
πAs you can see from the chart, the amount of $BTC available for trading is plummeting. This drop indicates accumulation by long-term holders, reducing the supply for potential sellers.
π‘ Historically, when exchange reserves fall like this, it's often a precursor to an upward move in the market. With the supply drying up, and money liquidity rising a new rally could be just around the corner βοΈ
$ARDOR has shown a 40% increase in the last 24 hoursπ€©
This is yet another #altcoin that has approached the yellow zoneπ¨ after touching the green zoneπ© + fearπ¦
This is yet another #altcoin that has approached the yellow zoneπ¨ after touching the green zoneπ© + fearπ¦
Feels Strategy
#Bitcoin Log Regression π The orange line, as in the previous cycle, offers strong resistance. π‘I think $BTC will stay at the current mark for another month. After that, we go to the correction, most likely it will not be a deep correction, but rather aβ¦
#Bitcoin Log Regression π
πThis fractal was added at the beginning of March at the breaking of the highs. And although most of the market for the last six months complained that it could not be predicted, my followers were fully prepared.
π‘Now we are approaching a turning point, indicated by many factors and most analysis methods. We will continue to move along this fractal and a peak awaits us when we enter the red zone.
πThis fractal was added at the beginning of March at the breaking of the highs. And although most of the market for the last six months complained that it could not be predicted, my followers were fully prepared.
π‘Now we are approaching a turning point, indicated by many factors and most analysis methods. We will continue to move along this fractal and a peak awaits us when we enter the red zone.