DiscosCryptos

DiscosCryptos

This chart shows the monthly yield curve, being the 10 year US Treasury yield - the 2 year bond curve. In my previous charts, I had pointed out that 2 weeks after the yield curve curve uninverts that recessions are typically either just started or about to start. This is shown on the charts by the white dotted line. While looking at the charts, i noticed that...

DiscosCryptos

As I've been in cash since my last post, it is quite nerve racking to be out of the market as I believe in the long term bullishness of BTC. The weekly shows the macro time frame, which is harder to be manipulated. Price action is being governed by the downwards resistance line (in green), acting as resistance and maybe a good place to short from. I have...

DiscosCryptos

When in doubt zoom out. And when you do, and you draw a trend line from the past 2 cycle peaks - you see that we have grinded into the trendline. I do believe that one day we will probably break this line, but i think that happens with some kind of super adoption of BTC into daily lives. As it stands, RSI and price seem to be rolling over.

DiscosCryptos

Bitcoin on the weekly, with measuring RSI. The red vertical lines show where the RSI has been rejected at the 70% zone- which is the euphoric bullish control zone. In the past, every time that the RSI has attempted to break above this line and fail - there has been a reasonably long correction - often this is a late signal that the bull market is over. The...

DiscosCryptos

what a time to be alive. Bull market goes on! A very strong candle to end the week, suggesting continuation upwards

DiscosCryptos

BTC.D broke down from the rising wedge, which is a bearish pattern. A retest of the structure is likely, and can happen 2 ways. The bad way is that the market collapses, a black swan event etc - everyone gets scared and flies to safety and sells alt coins... OR BTC breaks 100k, and alt coins stay stable. This is the best possible outcome for Alt Season to start!

DiscosCryptos

Monthly bearish engulfing candle, at the extremes. Usually a trend reversal candle. Break down of a rising wedge. What a time to be alive A rest of the structure will be likely - but I think its safe to say that alt season is here!

DiscosCryptos

Everyone likes to make money in a bull run. A rising tide raises all ships. Everyone can make money in a bull run - its keeping it that 80% of people cannot do. So what is my strategy for making life changing money. Its not a race, its a marathon. I plan to take profits in the euphoric stage of the bull market, which is close to where we are. I...

DiscosCryptos

Update on my previous post: didnt quite hit my 62% dominance target, but it did fake out to the top and is now dropping hard. All charts are pointing to the start of alt season

DiscosCryptos

This is Others/BTC Adding in my personal trading strategy, it seems to identify and give great entries into alt coins (all tokens 1 the top 10). I have set an alert to state when alt season starts - but if we consolidate and hold this level - i think it starts in the next 40 days or so. If we break down obviously not, but we are currently sitting on a very...

DiscosCryptos

If you look at the times where bitcoin has gone on its parabolic runs, the RSI has closed above the 70 and held there. I know the charts are not related, but as BTC has just reached adoption from the USA it has entered the bullish control zone (>70k). Could this be the normal parabolic run for bitcoin, or something much greater

DiscosCryptos

The BTC.D has managed to maintain its rising wedge, and looks to be breaking to the upside and retesting the rising wedge. Bearish Divergence is evident, but how long can it keep up this momentum? With the elections seeming to be coming to an end, there is a lot excitement from the crypto rules that trump has promised. Ive noticed a trend where structures tend...

DiscosCryptos

Hi folks For the last 6 months BTC has been in a sideways consolidaiton. I believe that this consolidation was nesessary, and people where frontrunning the halving, and with the ETF people just got excited. The market will always move to hurt the most people. Sideways consolidation leaves those that bought BTC at higher levels in an uncomfortable position,...

DiscosCryptos

I have been speaking about the money supply recently, and how i believe that all risk assets (all assets) are a function of how much money is in the system a.k.a the global liquidity The yellow line shows the Global money Supply, and the white and blue candles are the bitcoin price. This has been a very interesting cycle, as everyone front-ran the halving and...

DiscosCryptos

This bull market started in Jan 2023, and it has risen an incredible 330% from that date. There is a lot of real world adoption on BTC, but there are some worrying signs that have forced me to become risk off. Firstly, on the FIB levels - if the price holds above the 0.236 level - it is my opinion that the bull market is still intact and we shall see higher...

DiscosCryptos Updated 

Oh its so beautiful when you see it happening Looks bearish. if it doesnt close above the line, then it must drop!

DiscosCryptos

This is a follow up on the ascending wedge forming on BTC.D I personally think that the break of this wedge will possibly happen in a range bound environment for the price of BTC. However when there are pullbacks the alt coins will recover faster than BTC - leading to a downwards break of the thick white lines and a retest - which will probably see many alt coins...

DiscosCryptos

If we take a fib line from top to bottom, we have not cleared the 0.236 level. The yellow dotted line is the weekly close on the july 2021, which will have some resistance. A close above this line will be extremely bullish for an alt coin season Bitcoin is already sitting at the 0.382 level, and i would think that the alt coins want to catch up. As it...