BTC trade ideas
BTC cheat sheet lowsFTX Caroline unloaded spot today high on adderal
Enemy of our lows
Worst case does 100B leave in an event
praying lows hold
Skeptical until cash bid side flows in
War chest has been partially deployed
Navigating risk of Jane street alum shorters
I will not die in battle
cash is trash but strong not even net long yet
have cash & equity to weather WAR Times
BTC/SPX relationshipCrypto is trying to hold the area it is in compared to stocks - holding the support and trying to form a double bottom - Too early to say it is successfull, because fear is still out there - but it is a really good spot to start DCA'ing into Crypto as there are high chances of bouncing up even stronger that stocks will - and that is mainly because when investors will open up to the idea of buying in, they will go big time into risky-assets. That's the idea.
The Flippening UpdateWhenever ETH market cap approaches 50% of BTC market cap, the BTC-ETH plot in yellow, there is a sell off. However, in recent years ETH has been holding up better and gaining ground on BTC. This means money is flowing from BTC into ETH. As BTC-ETH nears 0 we should finally see ETH break out above it. Perhaps even this time! However there should be more pain in the crypto market first; as BTC still needs to come down a lot before ETH can take the reigns.
BTC/SPX - pausing the fallsBTC is showing a bit of strength compared to stocks - we haven't bounced as planned yet - but the price of Bitcoin is ranging when SPX was falling - therefore Crypto seems to handle this area pretty well. Expecting a push to the upside for stocks - which could trigger a stronger response for crypto - as per this chart suggestion. All indicators are either low or exhausted - a relief is in the area.
BTC/SPX as expected...almost.BTC is still slave of stocks - or even worse - But it may be because of the trend line restest here on the chart. Other than that - many hidden bullish divergences and I expect Crypto to come alive to retest the daily 200 ema in the near future. DXY, SPX, VIX and BTC analysis agree with this perspective aswell.
BTC 15 min time frame looks good for short BTC 15 min time frame looks good for short as the trend is bearish so looks so good and also look for reversal if it breaks for upside might give up move also but however the overall all markets are down so impact will on BTC also so look this watch this in 5 min time frame for target and stop ;loss
BTC vs. StocksHere as expected - we keep pushing up - Stocks are rather consolidating, but crypto is pushing up. We just crossed the descending trendline after bouncing from the bottom. Seems crypto want to make up a bit last falls compared to stocks and push up a bit. This chart needs to keep rising in order to see a relief in crypto.
BTC/SPX 23/08/22BTC/SPX is looking good. All parameters (indicators) are looking exhausted after reaching major supports and we are now at the top of the descending chanel - Very possible we will break out, therefore crypto would outperform stocks for some time. This can happen in both ways - either stocks will go down and crypto will hold price, or stocks will consolidate and crypto will pump.
I'm still bearish long term, but a push up is possible for bitcoin judging by this chart.
bittyinteresting point here--- the cap or volume is at 25 billion
does that mean a bullish movement is about to take place
has the market found a cushion or pillow to rest on---and were
going towards an upward trend----because you know we had a downturn the last 9 months
can bulls and bears manage to work together to a new high---
or will bulls fail.
is the bear season over----- I believe so. hoping for 23 months and 1 week of bullish charts at bare minimum---there will be 2-3 weeks at a time that will or could be bearish. but for the majority its bullish for 23 months and 1 week at minimum.
BTC Corrective in natureLooking at fibonnaci sequencing - We see an impulse move two - which is rather handsome.
Impulse move 2 respected fib level - 0.618 - then on this move I used the Fibonnaci extension and found the extension level that matched the 0.618.
This price level is on 470-482.
At this level I see a potential bearish move to the next liquid zone. - 433B.