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Solid weekly close confirming a clear breakout in BTC/USD and crypto outperforming stocks for the first time in a continued basis in four months
baselismail #MARKET ANALYSIS
baselismail #MARKET ANALYSIS
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Very nice continuation of the breakout against stocks and equities confirming the clear shift in momentum
baselismail #MARKET ANALYSIS
baselismail #MARKET ANALYSIS
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Crypto is inextricably linked to Nasdaq as a high beta, high risk correlated asset and I LOVE seeing it crush Nasdaq and Russell 2000 indexes
baselismail #MARKET ANALYSIS
baselismail #MARKET ANALYSIS
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We bounce at EXACTLY the same level I mentioned many times before which I was praying would be a local bottom and it held perfectly, love to see this, this would suggest that the Jan 2025 top may be very similar to the May 2021 top and now we are reverting back up, but still not getting too excited yet at all, as you’ll see in the next few metrics @everyone
baselismail #MARKET ANALYSIS
baselismail #MARKET ANALYSIS
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Small cap Altcoins still getting crushed against BTC and not picking up momentum yet, waiting to see some traction with memes
baselismail #MARKET ANALYSIS
baselismail #MARKET ANALYSIS
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This is a very important look at the US Fed total balance sheet, they’ve FINALLY slowed down in a sustained multi week way, they haven’t grown the balance sheet but they’ve at least slowed the rate of decline considerably more than they have in the past 3 years, I predicted the earliest we would see this is April 2025 and here we are
It’s not the pivot we need of course, but it’s a clear change of policy so far. This is very fickle and unreliable as one indicator, but generally useful to get a gauge on where we are @everyone
baselismail #MARKET ANALYSIS
It’s not the pivot we need of course, but it’s a clear change of policy so far. This is very fickle and unreliable as one indicator, but generally useful to get a gauge on where we are @everyone
baselismail #MARKET ANALYSIS
Forwarded from Blockcircle Premium