Break out into blue sky past historical high, ascending triangleThis is very, very bullish and we'll have the world in FOMO (Fear of missing out). The art in the next few days/weeks/months will be buying on the dips if they happen but we're sitting on a rocket it seems?
We're passing the critical $20K USD level and we'll likely see $25K very, very shortly.
We are crossing bullish on the MACD and histogram is turning green on the daily. Weekly is still overbought so don't expect a shooting star but then again, don't be surprised getting on as Funds, Pensions and ETFs start pouring billions into Bitcoin's limited supply of coins (18.5M circulating, 21M total).
How many people do you know that owns crypto and bitcoin? Ask your friends. Most average joe don't. It's too complex for the average person. Those who own Botcoin don't actually own it, the Exchanges have them in their custody. For trading, Trade on exchanges like Binance which is the #1 crypto exchange in the world, followed by Coinbase? When you Invest long term in Bitcoin, don't do it via an Exchange, hold your own secret/private key in a safe place offline such as a paper wallet (free) or hardware wallets.
MMT
bear snareDescription: In the Russian Far East, a lasso-like rope loop is hung across a path which bears are known to frequent; its end is tied to a tree. The bear passes through the rope as it walks by and the lasso tightens around its body as it continues to move. Eventually the bear becomes so entangled within the rope that it can no longer move.
Timeframe: After a few days, the hunter arrives to finish off the immobilized animal.
Indicators used: Altcoin fractals, funding rate
Shout out to: Modern Monetary Theory, The Green New Deal, and Peter Marco.
USDJPY, dollar rally, short opportunityhello guys, here a technical and fundamental analysis on the usdyen. The dollar spiked, but we are facing a structure zone, which has been respected--> we can use it as support turning resistance. From the fundamental view, the dollar will collapse due to higher interest rate which is a price setting, so higher price, higher inflation.. weak dollar.
Best regards,
andrew