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Demandindex

Debt-Demand-Inflation-Crypto- ! WHAT HAPPENED IN FEBRUARY ! This is CRYPTOFILIO - Your dark knight in the lightness... Your peaches and cream, your crypto dream Sometimes it's best to look under the bed to find the economic boogeyman! This chart illustrates the interesting correlations between various macroeconomic factors. There are two key moments of recent divergence. The beginning of the pandemic and recently, February 2021. The first is rather obvious - THE PANDEMIC - but the second event... not so obvious! Pre-pandemic these economic macro-factors were dancing in lockstep. Debt,Consumer Demand, and Inflation - Then you can see the wild divergence at the beginning of the pandemic. What's not so explainable and kind of interesting is the recent, very noticeable shift in February of this year. The bottom pane is the total crypto market cap (in a different scale). The percentage increase is very dramatic - showing just how much money has moved into crypto.
FRED:CPIAUCSL
by cryptofilio
BTC/USDT Finding the Dip?BTC was on an uptrend since the end of July 2021 after the massive correction between May-July. We can see BTC was very bullish with continuous green candles in the weekly chart until we hit 53k. Since that BTC started to correct. As lots of experts predicted this happen in September. At the moment BTC broke the 42k Local support and trading below. if we refer to Demand Index it is still positive and we can see a downtrend making LH and LL (Demand Index). This indicates that Bears is in control at the moment bring the buying pressure lower. So how low we can go? 1. Well we need a big green spike on the Volume indicator to reverse the trend and we haven't seen one since mid-August. 2. If we draw Fibonacci on weekly chat we can see the 50% correction 41k and we touched 40k. If we lose this support then the next stop is the 61.8% at 38k. Worst-case scenario next stop at 34k (78.6%) This is a prediction purely based on technical and I'm ignoring all the FUD news. In my opinion, 38k is the area where Whales are loading their cash and waiting to BUY. Only if the Bulls lose the battle at 41-42k. The best strategy is to do Dollar Cost Average from 42k to 38k and accumulate much as we can. Because If we hit 38k or below then we will see a huge bullish spike in volume that will liquidate major bears and create a domino effect. This means BTC could pump from 38k (or 34k) to 48k in a short period. This is not financial advice, please DYOR and maintain proper Risk Management strategy
by CryptoCafeClub
1
Elliot Theory Signals Bearish Months In this analysis i wanted to use Elliot theory to forecast a trend. Elliot Theory wasn't invented for forex trends, but for stocks market. We also know that Elliot theory use the principle of waves, that can be applied basically on everything. In this case, the waves scheme is very accurate, and all the waves seems to respect the theory. 1) I added fibonacci retracement. 2) I also added the elliot time lines, that coincides with with every touch point between the price trend and fibonacci lines. 3) Ultimately i added 3 oscillators, that has a perfect timing on the maximum value reached, fibo touch, and elliot line. Considering all these factors, we can see, how the B point is on the same spot with oscillators max forecast value. So my Hypothesis is of a downtrend until point C, with a price target of 1,1844 If you liked this idea, let me know it down the comments.
by andreamanzi
2