Imagine a world, where The Crypto Weather Channel had its own bank. That bank stored a large amount of its capital reserves in Bitcoin at the start of the Bull Market. This is what that would look like. #Long Take Profit: $66,442 (5th Halving Price) Entry: $26,976 (CAT 1 Price) Stop Loss: $15,473 (Market Cycle Low)
Bitcoin is still in the uptrend channel, the next expected safe target is 29500 and still the expected targets based on the volume indicator are 33000 and 36000
Good evening , we are from Ukraine ! There is "strength" on the chart, and I'm waiting for the asset to gain in value for further distribution. Thank you all for your attention, I wish you success . Sometimes you win /sometimes you learn . #Bitcoin
BTCUSD daily guidance is neutral bearish. Recommended ratio: 35% BTC, 65% Cash. *BULL TRAP WATCH. Bitcoin is at a critical resistance and is currently testing a one year descending trendline. Cryptos, Equities, Equity Futures, Energy, Gold, GBPUSD and JPYUSD are all down while DXY, US Treasuries, VIX, Agriculture, EURUSD and CNYUSD are up. UK Prime Minister...
BTCUSD daily guidance is cautiously bearish. Recommended ratio: 25% BTC, 75% Cash. * SUNDAY SCARIES WATCH . As the world awaits Putin's next move on Ukraine and the West, the White House sent another $725m to Ukraine and Elon Musk reinstated free Starlink services to Ukraine today. Additionally, the White House's newly imposed sanctions on Chinese chipmakers...
BTCUSD daily guidance is neutral with a bearish bias. Recommended ratio: 48% BTC, 52% Cash. * SUNDAY SCARIES WATCH . Cryptos are largely flat with some altcoins seeing buying pressure as we get halfway through the weekend. Someone has used a car bomb to explode the only supply line from Crimea to Russia and many presume it to be the Ukrainians , which...
BTCUSD daily guidance is neutral bullish. Recommended ratio: 60% BTC, 40% Cash. *Cryptos, Equities, EURUSD and GBPUSD are all down while Equity Futures, Commodities, DXY, US Treasuries and VIX are all up. OPEC+ and the USA continue their ongoing battle as OPEC+ defied USA requests to not cut output . Key Upcoming Dates: FOMC Member Loretta Mester speaks...
BTCUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% BTC, 60% Cash. * SUNDAY SCARIES WATCH . Cryptos are slightly down halfway through the weekend but mainly flat as investors prepare for another big week of economic data with the consensus estimate for the September Unemployment Rate staying the same at 3.7%. The escalation of the...
BTCUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% BTC, 60% Cash. *Technically, BTC and many other Cryptos look relatively good right now compared to Equities which have continued to get sold off in favor of DXY and US Treasuries; some may view this is as a decoupling moment, others as a market lag, and me as a technical correction...
BTCUSD Daily guidance is cautiously bearish. Recommended ratio: 35% BTC, 65% Cash. *Cryptos and Equities started the day off in the green but are now selling off, interestingly Futures, Gold, DXY, US Treasuries and VIX are down while Energy and certain Precious Metals are up on the day. The Merge is scheduled to launch on Ethereum's Mainnet at around 1am EST...
BTCUSD Daily cautiously bullish. Recommended ratio: 70% BTC, 30% Cash. *Cryptos are attempting to continue their rally into the weekend (surprisingly led by LUNA2) as we approach the week of the long anticipated Merge on Ethereum's mainnet. As economic data continues to improve and demand is beginning to get more in line with supply, markets appear to be ok...
BTCUSD Daily neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. *It's only 10:30pm in California right now so there's still a place in the world where I haven't missed a TA on 09/08/22. Today was just another day in 2022: Fed Chair Jerome Powell made it clear that 75bps are still on the table for 09/21 , SEC Chair Gary Gensler said that most...
BTCUSD Daily neutral with a bullish bias. Recommended ratio: 52% BTC, 48% Cash. *Cryptos are seeing some selling pressure as US Stock markets are closed for Labor Day to start the week. Equity Futures, DXY, Oil and US Treasuries are up while Gold and Cryptos are down or flat. Key Upcoming Dates: 10th GDPNow US Q3 GDP Estimate at 830am EST 09/07 ; 6th Beige...
BTCUSD Daily neutral with a bearish bias. Recommended ratio: 40% BTC, 60% Cash. *In the August Employment Situation, Nonfarm Payrolls increased by 315,000 and Unemployment finally bucked the 7 month trend of declining or staying flat by increasing .2% from 3.5% in July to 3.7% in August. Cryptos and Equities rallied off the news early in the session and are...
BTCUSD Daily Cautiously Bearish. Recommended ratio: 35% BTC, 65% Cash. *Cryptos continue to see a sell off into the weekend following Jerome Powell's remarks yesterday at Jackson Hole. Cleveland Fed President Loretta Mester praised Powell's speech and commented that FFR will likely have to remain above 4% for 2023 . Now the question becomes, at what point...
BTCUSD Daily neutral with a bearish bias. Recommended ratio: 47% BTC, 53% Cash. * The 7th GDPNow US Q3 GDP estimate came in at 1.4% this morning compared to 1.6% on 08/17/22. Cryptos, Equities, Commodities (aside from Soy, Silver, Copper, and Platinum), Futures, Treasuries and DXY are all up while the Euro is flat and VIX is trending down. Markets have been...
BTCUSD Daily cautiously bearish. Recommended ratio: 35% BTC, 65% Cash. *This bearish week was marked by degrading economic data from China, Germany and the USA, stoking global recession fears once again. China is currently seeing a weaker consumer (due to still ongoing effects of the Covid lockdowns), heat waves affecting factories, a weakening property...
BTCUSD Daily cautiously bullish. Recommended ratio: 75% BTC, 25% Cash . *July US Housing Starts are down -9.5% from June (compared to -2.5% consensus estimates); July US Building Permits are down -1.3% from June but are up 1.1% from June of 2021. The big miss on Housing Starts is reflective of recessionary fears and rising interest rates hindering people from...