🔮🎓 Nailing Bitcoin Analysis: Amidst FUD, SEC, ETFs, FEDs, and More 🚀💡 Traders, it's FXProfessor here! We're slicing through the noise of FUD, navigating SEC updates, analyzing ETF flows, and eyeing the Fed's next move, all while my Bitcoin long ideas continue to be spot-on. 🧭📊 In the wild world of crypto, where every headline can stir the pot, staying focused on...
🎓✨Some of you were laughing last year when i posted this at BTC 18K: but I had done my analysis right. Both technical (breakout) and Fundamental (just read what i was saying about rates and how market is 6 months ahead!). In a similar manner i had explained why 45k is closer than most were thinking: (read it! understand it! learn from it!) 🎓✨ Now: 🙋♂️...
What's up Simpsons? In the first part of yesterday's episode the Federal Reserve became FED-UP of hiking interest rates. This normally is good news for indices and Bitcoin. Especially now that inflation has eased (Link 1) In the second part of the episode, 🤡Jerome Powell gave the performance of his lifetime: While Springfield was hot and humid this June he said...
Long story short: it's a video, watch it! BTC LONG USD SHORT Learn why in this video. NFP: Jobs are ok, still good new jobs in the basket but less than previous month (cool off). AVERAGE HOURLY EARNINGS: Nobody talks about this but it means wages are rising, labor is going higher, services and products might become more expensive on expensive labor =...
Does this means USA is in trouble ? Yes we are in fact..they had a meeting about to raise the ceiling but became without a deal.. US dollar is no longer a global superpower as China Won dollar is taking over. Meanwhile we might expect the fed speech sometime this month if raising rates needed but the economy had already felt the impact.. if not needed then they...
Hi everyone, quite a great day yesterday as FEDS hike 0,25% and Jerome switches tone to more 'dovish' and worried. From cowboy Jerome 'i will hike you to death' to ' let's take it easier'. Charts never lie and this level lost by Dollar was key for our trading yesterday: Same with Gold and Silver entries: Watch the video, it explains how Powell...
This week, Bitcoin has led the recovery in cryptocurrency markets. The Fed's indirect monetary policy expansion has increased demand for riskier assets, which has benefited Bitcoin. The following resistance levels for BTC above the current price levels are $26,750, $27,500, and $28,730. This week, Bitcoin has been on a steep upswing, leading the cryptocurrency...
⚠️ 🔥 NO TIME TO FOMO!!!! ⚠️ 🔥 Goodday for the markets and Crypto as the news came out being ok: US inflation slows to 6% annual rate amid looming banking crisis Let me rephrase it: the worst news where avoided, inflation did not rise. Look at CPI chart maybe: SP-5OO gets rejected despite the predictions for a 'softer more dovish' monetary policy: In the...
Saturday night i decided to take a look at all major bank charts. I called 3 potential 'dangerous ones' and ended up guessing 2 of them right. One of them was First Republic. (you can ask me for proof if you are interested to confirm this). “First Republic’s capital and liquidity positions are very strong, and its capital remains well above the regulatory...
Good that I always TRUST my Charts: US Government Bonds 10 YR Yield has dropped 'nicely' since my last post, which was 'against the stream' since when i posted it Powell was being extra-Hawkish and situation was different. News: The yield on the 2-year Treasury note fell sharply on Friday as the shutdown of Silicon Valley Bank sparked a flight to safer...
I will remain Long no-matter what. That's a personal opinion that won't change. In the video i talk news, inflation, job report today. Let me know yourthoughts. Links: 1. Biden war on BTC miners: cointelegraph.com 2. Powell war on Bitcoin: decrypt.co 3. SEC failure to safeguard the Crypto industry which i cover earlier this week (Silvergate and FTX):...
Massive level of resistance has played out and Stocks could power higher as Treasury yields and dollar might ease further. 4,22% has been a Major Support/Resistance level (S/R as you can see on the chart) and the prices down have dropped even lower, below the psychological 4% What does that mean? When US government bond yields are on resistance, meaning they...
CPI data is tomorrow and yet if Feds pivots still alive. Bad news the inflation still high and slowly cooling down but not at eased. This is a cause of disinflation.. we supposed not to go there way too fast ! This is big reason for markets to crash. Overall we should expect the big fall pay attention for the CPI news tomorrow morning This will be the biggest...
DXY has been consolidating over the last couple of days. This comes from oil prices dropping and a tight yet growing job market. DXY is holding a 4H support level. Market open may test that daily support level and revisit $105 resistance. Overall, I'm still bullish.
Bitcoin is ready to collapse and amid fears of the recession from the Feds decision since U.S. economy is slowing down and it’s not good for bitcoin and neither for the markets. Still below 17K; the bears has a strong potential to crash and collapse even lower. Bitcoin halving is coming in 2024.. which is the big sign for buyers to buy the dip at the new lows of...
Alright so same for US30 Less than 10 days for the inflation data.. speaking of it it ease you know here in USA.. but Feds isn’t relaxing and not happy aren’t reaching the goals. Goals for the inflation to get back down to 2% Right now hovering about 5-7% I don’t remember but the prices remain to stay high sometime.. that means the Feds haven’t reached there...
BIAS-SHORT until next level 105.40-105.00 then monitoring that area for PA. NOTES- Currently fundamentals is against the dollar due to fed meetings on looking to slow down interest rates in the near future. Our next interest hike is on December 14. Will the feds keep up the 0.75% basis hike or will it be 0.50% this time around ? If the feds slow down interest...
-Feds will likely go forward with a 50 bps in December, eyes are on Dec 13 CPI data release. -US Inflation is down for November and I'm expecting it to continue falling during next month's CPI release. If that's the case, then I believe Feds will reduce by 25 bps. -The US dollar, which has a major influence on stocks, appears to be forming a monthly correction...