DropDead_Fed

DropDead_Fed

This signals to me that the composite operator is closing this profits for a pretty healthy and lengthy moveup on BTC

DropDead_Fed

We broke the major red support trendline. Let's watch futures overnight to see if selling intensifies.

DropDead_Fed

Slowly but suredly we are approaching multiple sections of yield curve inversion. The data from TV feeds does not show the 3/5 and 2/5 YR yield curve inversions yet as reported last week on mainstream media using other data.

DropDead_Fed

The new norm

DropDead_Fed

Could we finally get a capitulation and bottom in the $2350 target area give or take 20%?

DropDead_Fed

I'm in no way implying this is a bottom, but rather just a temporary rally before we finally find a time to capitulate. Best target for capitulation would be $2800 region or possibly a bit lower ($2350 worst case and $1350 absolute bottom or bitcoin is dead lol)

DropDead_Fed

Could see a rally here finally once again as shorts get squeezed. I do NOT think bottom is in, but a healthy 20-40% rally is overdue soon. We have not seen capitulation and I can see us testing 0.886 fib down at ~$2340 level as final resting place. $1300 seems like a pipe dream (past high).

DropDead_Fed Updated 

Move over FANG, now it's MANG :) Exit short position (or 2020 June long leap puts) at break to upside of descending channel - perhaps for profit even still!

DropDead_Fed

Expect move from short time frame inverse adam n eve/HnS pattern to retest 4400 soon which is the major 0.786 fib from previous bear market $160 low. ...before perhaps final capitulation move down to 0.886 fib at ~$2400 and then accumulation a few weeks/months in this band.

DropDead_Fed

Bitcoin in sitting puking camel pattern to retest low/swing low?

DropDead_Fed

bitcoin historic ascending value channel bottom supporbitcoin historic ascending value channel bottom support

DropDead_Fed

Refer to my old tweet: twitter.com to see trendline resistance where markets unravle as fed funds reach resistance at asset bubble territory. You simply can't have a fiat debt system and not keep running into this issue. It's fundamental.

DropDead_Fed

In all of history, its' a fact that the most expansive and sustained growth & PEACE occured w/monetary systems of 1:1 gold backing. Now history is repeating itself in all the same patterns across the globe and politics. It's unreal and amazing to witness at the same time. In the last ~150 years we have had a new global currency about every 30-40 years and are...

DropDead_Fed

I see the VIX NOT spiking above the levels we saw last few weeks as another indicator this may be the beginning of broader bear market reversal and large move down coming not just a short and violent correction like in the past BTFDs (buy the F'n dips).

DropDead_Fed

I took the short a yesterday morning at the near top of rally point since we hit almost 10% rally and in past bear market reversals we would see frequent 10% rallies, then selloffs for the during of the down move until a more sustained rally into a bull trap. I see a potential near term QQQ drop to retest desecending wedge breakout and gap fill. In such a...

DropDead_Fed

A substantial close below on the weekly below this level likely means we are heading towards $4350 0.768 fib retracement.

DropDead_Fed

37 year treasury bull run broken? I think so. 200 MA on MONTHLY resistance for now on 10 year rates. Expect some consolidation or pull-back, then China could continue it's dumping of US treasuries to drive rates up.

DropDead_Fed

I only see the fed easing monetary policy back towards negative interest rates and/or expanding balance sheet via QE4, QE5, etc. and Trump ending trade war as possibly stopping this potential long bear market that could last for 5-10 years even...