Bitcoin-gold
WARNING -------We Are HereMartyBoots here , I have been trading for 17 years and sharing my thoughts on Bitcoin.
Bitcoin is looking beautiful , its a great chart with lots of buying pressure
Very similar to Gold back in the 70s
Do not miss out on the next dip as it may be your last chance = this is a great opportunity
Watch the video for more details
Fibonacci/Gann & 3-6-9 Chart Play: The TOP may be IN I was trying to identify if/how the market may be topping in relation to the post-election rally phase and started with a blank Daily SPY chart.
After drawing a few line of the chart, I started with an idea that Broad market pullbacks may be the key to identifying/timing market expansion phases (coupled with a bit of logic).
This video highlights this theory going back to 2018 and examines a number of price pullback trends as well as Fibonacci Timing structures related to Fibonacci Price Expansion blocks.
I think you will find this very useful as I continue to delve deeper into the 3-6-9 structure, polarity shifts (binary shifts) and trying to unlock the secrets of price trends/extensions.
Hope you enjoy...
Oh.. and it looks like the US markets are about to top if my research is correct.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
$BTC have a gold fractal!Please pay attention to the Bitcoin chart and the Gold fractal! It's incredible, but it looks very similar. The level of correlation is quite high! Similar formation of tops, bottoms, breakout without retest and then now breakout phase with retest. The retest was successful. Very soon there will be the strongest growth! Good luck!
Horban Brothers!
Get Ready For The "Top 13 Iron Watchlist" + Gold Price ActionThis is something I have been struggling with
"what indicator to use for the top 13
Iron watchlist ?? "which I will reveal to you
On the 19th Of October,2024
This watchlist is whats going to rocket boost
my trading for 2025
-
Look at this chart notice that the stochastic rsi
3 day moving average
has crossed the 14 day
moving average?
Also notice that the price is in an uptrend?
--
This asset price is from the Top 13 Iron Watchlist
This watchlist is a new way of looking
at not only the market
But what makes this one unique
Is its purpose is to allow me to trade the market cycles
both bear and bull markets alike
One of the assets on this watchlist
is this one COMEX:GC1!
Because its a very powerful asset
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With this Top13 iron watchlist
the assets on this watchlist
show you the assets that will
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These are the assets that
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To learn more
check out the rocket booster
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Because I will also be using this
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Rocket boost this content to learn morre.
Disclaimer:Trading is risky you will lose
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so please learn risk management and profit
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ETHEREUM Higher Timeframe AnalysisBy looking at the weekly chart on Ethereum, we have noticed that Ethereum is still in its corrective phase. The correction phase is made of 3 waves ( A, B, and C ). As you can see, we have finished waves A and B and we are now in the final wave ( wave C ). Expecting this wave to be completed between the lows and the -0.27 Fibonacci level where we'll be looking to ride the next impulse.
Will be focusing on catching the bearish moves until we reach our buy zone.
Don't forget to hit the like bottom if you like this idea and interested to see shorter timeframe analysis.
Bitcoin's macro trends have often lagged Gold by 3-6 monthsGold has just surpassed its ATH and is pumping into price discovery.
What does this mean for Bitcoin, given their correlation as monetary hedges?
Historically, Bitcoin's macro trends have often lagged behind Gold by 3-6 months.
I created this chart with a 3-6 month lag range on Gold's price to visualize this relationship.
Not to jinx it, but according to this specific metric, the next few months should be promising for Bitcoin
SPY/QQQ Plan Your Trade 8-9 Noon Update : Possible SqueezeThis quick update covers SPY, Gold, Bitcoin, IWM, and NVDA.
Boy, what a change in price range compared to the last few weeks. Looks like ht markets have settled into a deep sleep today.
I still believe the Breakaway pattern could really make a move in the last 30 to 40 minutes of trading. A solid squeeze potential is available to price if the short trading pressure starts to unwind before the weekend.
Watch how this plays out at the end of the day, and remember that next week should see solid rallying trends.
Have a great weekend.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BTCUSD Will Rally In Multi-Leg Phase Targeting $104kMy longer-term research suggests BTCUSD will rally through multiple trending-flagging stages and attempt to reach the $104 area before the end of 2025.
My broader market research suggests a unique underlying market phenomenon is taking place, and a Vortex Rally will initiate throughout the end of 2024.
This Vortex Rally phase is a "decoupling" event between the US economy and other global economies. It will most likely be seen in Asian economies.
Because of this, I believe hedge assets will see a fantastic benefit over the next 16 to 48 months. Gold, Silver, and Bitcoin will all increase over the next 16+ months as global traders attempt to hedge against this Vortex Rally and weaker currency rates.
Of course, this move in Bitcoin will happen in stages (phases or legs). The price does not go straight up. It always moves through trending/flagging phases.
Get ready. Defending this $57k level is critical for the next move up to $70.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BITCOIN - Don't Miss This Move Hey Traders,
It look likes that Bitcoin has completed its first impulse up. Break of 8H 50 EMA means that the correction has started. Expecting this correction to be completed around our buy zone.
LONG Setup:
- Wait for subwave 2 to be formed.
- Watch any rejection at the buy zone
- Stoploss: Below recent lows
- Targets: 73k,80k,90k, and 100k
Good Luck and Trade Safe.
Bitcoin (Hold your Breath) detailed comparison:
GOLD VS BITCOIN
### 1. **Nature and Function**
#### Gold:
- **Physical Asset:** Tangible, with a long history as a store of value and medium of exchange.
- **Utility:** Used in jewelry, electronics, and various industries.
- **Historical Value:** Recognized for thousands of years as a reliable store of value and hedge against inflation.
#### Bitcoin:
- **Digital Asset:** Intangible, created in 2009 as a decentralized digital currency.
- **Utility:** Used for digital transactions and as a speculative investment.
- **Modern Value:** Seen as "digital gold" due to its limited supply and role as a store of value.
### 2. **Supply and Scarcity**
#### Gold:
- **Finite Supply:** Limited by natural availability and mining capacity.
- **Production:** Mining can increase supply, but at a relatively slow and steady rate.
#### Bitcoin:
- **Capped Supply:** Maximum of 21 million BTC, controlled by its underlying protocol.
- **Production:** New bitcoins are created through mining, with rewards halving approximately every four years, reducing the rate of new supply.
### 3. **Market Characteristics**
#### Gold:
- **Market Size:** Large, established market with significant global liquidity.
- **Price Stability:** Generally more stable, with price movements influenced by macroeconomic factors, industrial demand, and investor sentiment.
#### Bitcoin:
- **Market Size:** Smaller but rapidly growing market.
- **Price Volatility:** Highly volatile, with prices influenced by market sentiment, regulatory news, technological developments, and macroeconomic factors.
### 4. **Investment Profile**
#### Gold:
- **Risk Profile:** Considered a safe-haven asset, low to moderate risk.
- **Returns:** Historically steady, long-term appreciation with lower short-term gains.
#### Bitcoin:
- **Risk Profile:** High risk, with potential for high rewards and significant losses.
- **Returns:** Has delivered substantial returns over the past decade but with considerable volatility.
### 5. **Role in a Portfolio**
#### Gold:
- **Diversification:** Used to diversify portfolios and hedge against economic downturns and inflation.
- **Liquidity:** Highly liquid, with a well-established global market.
#### Bitcoin:
- **Diversification:** Increasingly used to diversify portfolios, particularly in the context of digital assets and technology investments.
- **Liquidity:** Growing liquidity, but still more limited compared to gold, with risks of regulatory changes affecting access.
### 6. **Regulatory Environment**
#### Gold:
- **Regulation:** Generally well-regulated across the globe, with established markets and trading norms.
- **Ownership:** Easily transferable, with well-defined legal frameworks for ownership and trade.
#### Bitcoin:
- **Regulation:** Varied regulatory landscape, with some countries embracing it and others imposing restrictions or bans.
- **Ownership:** Can be transferred digitally across borders, but subject to changing regulatory environments.
### 7. **Future Potential**
#### Gold:
- **Stable Demand:** Likely to remain a valuable asset for investors seeking stability and a hedge against inflation.
- **Limited Upside:** Potential for steady appreciation, but dramatic price increases are less likely compared to riskier assets.
#### Bitcoin:
- **High Growth Potential:** Could see significant price appreciation if adoption increases and it becomes more integrated into the financial system.
- **High Risk:** Faces regulatory uncertainties and competition from other cryptocurrencies and digital assets.
### Conclusion
Both gold and Bitcoin serve as stores of value but differ significantly in their characteristics, risks, and roles within an investment portfolio. Gold offers stability and a long track record, making it a safe-haven asset. Bitcoin, with its high volatility and potential for significant returns, appeals to those willing to accept higher risk for the possibility of substantial gains. Investors might choose to include both in their portfolios for diversification, leveraging gold's stability and Bitcoin's growth potential.
Black Swan Events: Recovery and Volatility of Key AssetsDespite the stark declines during the COVID-19 black swan event, assets like Bitcoin, gold, the S&P 500, and the Indonesia Stock Exchange demonstrated remarkable resilience, not only recovering but also soaring to new heights, showcasing the enduring strength of diverse investment portfolios. However, the recent escalation in the Israel-Iran conflict has again put pressure on these assets, causing a downturn as global markets react to the uncertainties. #Bitcoin #Gold #SPX #IHSG
AMD About To Go For 300% Blowoff Before Multi Year CorrectionAMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now.
I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double digits. The stock market and the overvalued stocks will slowly bleed out into Bitcoin and the Crypto market over these next ten years. A lot of these stocks are waaaayyy overvalued. Like stupidly overvalued. Its a bubble about to blow.
None of this is financial advice its just my opinion. Thank you
BTC may continue to reach JesusSo let's try to think about thinks objectively
Btc is an asset that has A lot of hype behind it
I don't know about you but other than being a trader, I haven't heard (non traders) talking about btc that much in the last few weeks
You know what I'm talking about right? Like when your friends on facebook who don't know ish about trading but because they see everyone talking about "investing" in something they now want to jump on the bandwagon? Yeah those people. I haven't heard a lot of those people talking about btc.
The reason why I say this is simple. I believe it was Warren Buffet who said this > "invest when others are afraid and be afraid when others want to invest". In other words, now is the time for more buys in my opinion.
This doesn't mean take out a second mortgage on your home btw Karen, this means scale into a buy if you agree with me in a way that allows you to invest money that you are okay investing. You should never invest money you aren't willing to lose.
Also keep in mind the fact that if we look at what is going on on the chart itself, Btc is very near to the previous ATH (all time high). Dropping it now wouldn't make sense for the whales, because think of how many other people are expecting Btc to dump at this price point.
The more people interested in a particular direction, the less likely it is for price to go in that direction because the "prize money" needs to be split up amongst a bigger pool of traders.
Selling here would mean a lot of people who are looking at BTC at this point would make A LOT of money. Do you really think the whales want that? No of course not.
Sorry for my long rant but this is how I look at it. Personally Right now I actively hold some btc and it's up quite a bit. I currently have no intention on getting rid of it just yet.
Downvote\Don't boost if you didn't read this entire post and didn't try to understand
OR
Upvote\Boost if you did read this entire post and did try to understand
Weekly Momentum On Major Pairs (Week 10/2024)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: MIxed
Gold & Silver: Bullish
XXX/JPY: Neutral
Stock Indexes: Slightly Bullish
BitCoin/ETH: Very Bullish
Week 10 (03/03/2024)
US30 - Perfect Zigzag Pattern ZIGZAG Pattern is made up of 3 waves were Wave A has 5 impulse waves, Wave B has 3 corrective waves, and Wave C has 5 waves. Our main focus is riding Wave C once wave B finishes its retracements to fibonacci levels. Ideally, Wave A = Wave C. This means if Wave A made 20% move, Wave C should do the same.
BTC/XAU (Bitcoin VS Gold) #BTC #GOLDThe chart is an effort to plot Bitcoin and Gold in a ratio to figure out potentially where we are.
The upper band (red) is where it becomes quite risky to hold bitcoin instead of gold.
Mind you this does not mean gold will give better returns but means if Bitcoin goes through a correction, Gold will likely hold stronger.
The green band is where Bitcoin becomes extremely less risky with a huge risk to reward ratio. Having said that, hoping that we will come touch green band is not always a good strategy as it has been proven it might reverse before touching green.
Another level to add to some Bitcoin to your position instead of Gold has been 200 Week Moving Average (200WMA) represented as blue line.
Historically it has been a good level to add Bitcoin instead of Gold. Although it is not a perfect indicator as well but it definitely makes considering Bitcoin vs Gold a little easier as it is a massive support.
As of now, we are not there yet but further downwards price action will take us there.
We can certainly come down and touch green band where it becomes a no brainer for me to allocate my capital to bitcoin instead of gold.
I do also notice the MACD is deeply red and quite oversold. A weekly candle showing reversal could be a good indication of trend reversal while still expecting some choppy price action.
Note: Green and Red bands are not drawn using logarithmic curves but rather connecting the closing price and trying to connect as many as points as possible. I am aware I might not have touched all points but this model is just a visual comparison of trend rather than targeting exact entry or exit points.
What do you think will play out? Tell me in the comments.
Weekly Momentum On Major Pairs (Week 4/2024)
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Mixed
Gold & Silver: Mixed
XXX/JPY: Slightly Bearish
Stock Indexes: Mixed
BitCoin/ETH: Mixed
Week 4 (27/1/2024)