Hidden QE is about to start! Money printer goes Brrrrrrr Enjoy the new market highs!
ETH vs SOL. Which will outperform for the next year? You really think ETH will just continue losing value against SOL?
How does this chart not make you bullish on altcoins? It happened twice before. Same pattern is happening again. We are getting ready for an altcoin season! I'd be surprised we get a 10x like last time. I'd be happy with 5x. Diminishing returns, right?
Oil was going up for the last leg of the bull run in 2000 and 2007. I think I'd prefer oil breaks higher for the stock market. But with Drill Baby Drill , prices should go down with the increase in supply.
Unemployment trend seems to be reversing for Germany. Last time this W pattern appeared in the 60s 70s, unemployment rate jumped up. Hopefully it won't get that bad!
Ethereum season is upon us! Smaller ALTS will start bleeding against ETH until April, May.
It is ETH's turn to outperform the rest of the market! We will explode past $5,000 to the $7,500 level. Could it top around $11,500? Or the next Fibonacci level at $15,500
This is the chart for the Global Money Supply. It's clearly bouncing on the channel. BULLISH !! Here's the formula to put in TradingView: (FRED:M2SL+ECONOMICS:EUM2*FX:EURUSD+LSE:JPM2/FX:USDJPY+ECONOMICS:CNM2/FX:USDCNH)/1000000000000
Can you believe this? The Nasdaq has reached the top of the DOT COM bubble vs the M2 money supply! This is a big milestone! I don't think it will stop here. There is a small resistance to break.
TLT might revisit the $80-82 range before creating a double-bottom reversal pattern. Look at the RSI. I bet that the RSI will go down to the trendline and find support before bouncing. I would start DCAing out from $120 for 40% gain. --------------------- TLT (iShares 20+ Year Treasury Bond ETF) is an exchange-traded fund that primarily holds U.S. Treasury...
I'm much better at finding bottoms in charts vs tops. So I had the idea of reversing the Nasdaq chart! Before the Nasdaq crashed, you always see a double bottom in the RSI with the second peak being higher. Next top in May 2025?
When USDT Tether's dominance goes down, crypto prices go up. The opposite is true also. The USDT dominance will consolidate until Jan-March 2025, staying above the resistance channel. I don't think it will break down. We already went from 9% to 4%, that's already great! I don't believe the USDT dominance will go down further. That doesn't mean the price can't go...
This W pattern doesn't look good. If this is a reversal in the tether dominance, Bitcoin and cryptos are in trouble.
In 5 short years, could Bitcoin 10x to MIL:1M ? I'd be happy with $500k but MIL:1M seems possible!
It might wick up to 100$ before starting a fall. It had a good run! Pretty unbelievable how high it's gone.
It might go to 130k but it'll lose strength and start going down soon after. My timeline to DCA out is December to March. By March I shouldn't have many coins left.
Huge resistance at this level! Can MSTR continue this explosion in price?
In 2000, 2007 and 2021, Small caps divided by the Nasdaq started going up as the markets deteriorated. Will 2024 be the same?