And here we are. Now let's go to build a bottom above this fake breakout.
If you think that $dxy can retrace from now, as it seems , it’s wise to buy even $gold $xau dip if you are 50-60%+ in stablecoin, because the relationship is not only with #Bitcoin , if $ goes down, $gold goes up, its pure math.
https://twitter.com/criptopaul/status/1524678649835839488?s=21&t=VJ02AMFxud38AynmFWTfqg
https://twitter.com/criptopaul/status/1524678649835839488?s=21&t=VJ02AMFxud38AynmFWTfqg
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Noodles
Too much talk about #dxy / #btc correlation, taken usd eur chart in this case but it’s the same. Historical data and small divergences on each top and bottom. Let’s see if this correlation is right again in the next months
Btc dominance and Ethbtc pairs are clearly 2 opposite structures here.
how does BTC D go up? both with a collapse, btc loses 10% and eth 5% for example but especially with a rally of btc. I expect 3-4 months of low volumes and bleeding on the altcoins market.
how does BTC D go up? both with a collapse, btc loses 10% and eth 5% for example but especially with a rally of btc. I expect 3-4 months of low volumes and bleeding on the altcoins market.
Noodles 2025 Market Intelligence Event
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Remember this chart? That deviation and fake breakout is happened and as usual people started to call bearish target.
#BTC #ETHUSDT
Local bottom is here without any doubt, also my own indicator based on ATR, volume, rsi and some ema on find divergence and trend exhaustion show this.
Why i said local bottom?
Cause until we will not see HH and LH on major timeframe we are still on bear
#BTC #ETHUSDT
Local bottom is here without any doubt, also my own indicator based on ATR, volume, rsi and some ema on find divergence and trend exhaustion show this.
Why i said local bottom?
Cause until we will not see HH and LH on major timeframe we are still on bear
some spot orders have been filled on btc avax eth and bnb and we will see some 10-30% on these pairs.
On #btcusd we need to see this before calling a trend reversal. Be careful out there, the Fed has just started draining liquidity.
If you want manage your risk here you can use max 5x lvg for btc/avax/eth , it means your liquidation on btc for example will near 24k , and a 34-36k could be a nice take profit. And 2600 for eth and 40+ for avax.
On #btcusd we need to see this before calling a trend reversal. Be careful out there, the Fed has just started draining liquidity.
If you want manage your risk here you can use max 5x lvg for btc/avax/eth , it means your liquidation on btc for example will near 24k , and a 34-36k could be a nice take profit. And 2600 for eth and 40+ for avax.
Noodles 2025 Market Intelligence Event
Btc dominance and Ethbtc pairs are clearly 2 opposite structures here. how does BTC D go up? both with a collapse, btc loses 10% and eth 5% for example but especially with a rally of btc. I expect 3-4 months of low volumes and bleeding on the altcoins…
BTC D creating bullish trend as we have not seen it since February 2018. This is something to consider, see btc overperform in this bounce then in the next dip again would be brutal for altcoin.
Just only something to look at it and maybe not to worry now
Just only something to look at it and maybe not to worry now
Noodles 2025 Market Intelligence Event
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#ethbtc
I was right again about ethbtc and BTC D.
The sad thing? This is only the begin.
Here the correlation with $dxy as you can see it is a scissor correlation and indicates risk attitude from the traders/merchants and how cycles work ...
Good summer to all. See you
I was right again about ethbtc and BTC D.
The sad thing? This is only the begin.
Here the correlation with $dxy as you can see it is a scissor correlation and indicates risk attitude from the traders/merchants and how cycles work ...
Good summer to all. See you
Why am I showing this?
Because the market is like the motion of the sea, there are times when money comes in and times when money goes out, that's why people look at #dxy dominance, when money comes out people are inclined to save and there is demand for the dollar. This also coincides with the current restrictive monetary policy of the FED, QT serves precisely to induce people, families, businesses to depress spending and demand for goods and services, aimed at reducing inflation.
Because the market is like the motion of the sea, there are times when money comes in and times when money goes out, that's why people look at #dxy dominance, when money comes out people are inclined to save and there is demand for the dollar. This also coincides with the current restrictive monetary policy of the FED, QT serves precisely to induce people, families, businesses to depress spending and demand for goods and services, aimed at reducing inflation.
Again.. i still think we can see a bounce at this level?
Yeah, but we can also see a BTC solo pump, or in any case go to absorb liquid in these dip-bounce then dip again. It will take a long time before to see a general bottom of the market and a reversal trend, do not delude yourself that it can happen soon, this cycle it’s over, get ready for the next, learn from all the mistakes, only in this way you can treasure about the wrong choices, but learn how to do less wrong choices in the future.
Yeah, but we can also see a BTC solo pump, or in any case go to absorb liquid in these dip-bounce then dip again. It will take a long time before to see a general bottom of the market and a reversal trend, do not delude yourself that it can happen soon, this cycle it’s over, get ready for the next, learn from all the mistakes, only in this way you can treasure about the wrong choices, but learn how to do less wrong choices in the future.
Forwarded from Noodles 2025 Market Intelligence Event
ETH to 1500$ its just a matter of time
#BTC Dominance
Why was I very careful to warn you about the risks of the rise in BTC dominance ?
Because it is really important.
It was 2017, when I started studying the correlation of BTC pairs, coming from traditional financial markets where DXY was the needle in that case and I later noticed how eth decided above all altcoin and dex volume so eth / btc pair, since that day I have been keeping a btc D chart open every day in the same way as btc usd, naturally when btc dominance goes up in bear market also goes up usdt D.
The concept is simple as it is really important to look, Cex traders, whales shelter their capital in less risky assets, selling altcoins for usdt and btc, some in FIAT at that point the total mcap comes into play, observing these phenomens is about primary importance ... as you can see from January and February that I warned of the imminent altcoin bubble , over valutation everywhere and was a clear index, and here we are now...
and believe me there is never end, difficult to determine where an asset can go .. I will never forget that eth went to $ 80 from $ 1450 and it was the real innovation at that time, the same will happen for Solana and the similar... i can't say the bottom is in for altcoin market now, only an unconscious would tell you this now, we are on this bottom level of btc as called months ago a 28k about as you know, i said eth would go to 1500 sooner or later, i also said we are going to see a technical rebound, we are closer to this than to a further capitulation from here, there is no doubt about this, although afterwards we may see new lows, but let's go step by step from here
Why was I very careful to warn you about the risks of the rise in BTC dominance ?
Because it is really important.
It was 2017, when I started studying the correlation of BTC pairs, coming from traditional financial markets where DXY was the needle in that case and I later noticed how eth decided above all altcoin and dex volume so eth / btc pair, since that day I have been keeping a btc D chart open every day in the same way as btc usd, naturally when btc dominance goes up in bear market also goes up usdt D.
The concept is simple as it is really important to look, Cex traders, whales shelter their capital in less risky assets, selling altcoins for usdt and btc, some in FIAT at that point the total mcap comes into play, observing these phenomens is about primary importance ... as you can see from January and February that I warned of the imminent altcoin bubble , over valutation everywhere and was a clear index, and here we are now...
and believe me there is never end, difficult to determine where an asset can go .. I will never forget that eth went to $ 80 from $ 1450 and it was the real innovation at that time, the same will happen for Solana and the similar... i can't say the bottom is in for altcoin market now, only an unconscious would tell you this now, we are on this bottom level of btc as called months ago a 28k about as you know, i said eth would go to 1500 sooner or later, i also said we are going to see a technical rebound, we are closer to this than to a further capitulation from here, there is no doubt about this, although afterwards we may see new lows, but let's go step by step from here