It has been some time since my last post, where I fortunately called the bottom of the bear market to the week, five months prior to its low. It is now my position that, despite the feverish uncertainty around the imminent US elections, saber-rattling from China mobilizing 10,000 troops, the ongoing conflicts in Russia and the Middle East, and the infamous...
It has been 1 year almost to the day since my last publication and what a 12 months it has been. I previously laid out the case for a pending future recession but not before we saw massive regular bullish divergence play out on the monthly time frame for Bitcoin. Since then we've seen a 187% move in BTC, a 25% move in the S&P 500 and every commentator, pundit...
The Bitcoin code is exactly that... code!! It has been written to satisfy a series of problems namely that of out of control central bank money creation and subsequent inflation. It is, as we all know, the hardest money ever created. It has baked into it a supply shock which halfs the available amount mined every 210,000 blocks or roughly 4 years. As such...
My previous analysis based on the historic halving cycles predicted a macro low on the week of Nov 21st 22. It would appear that this played out but not totally in alignment with price prediction. Let's be clear, the global macro economic landscape is not looking rosy with the FED still Hawkishly raising rates, massive tech stocks haemorrhaging up to 70%, huge...
In June’s masterclass I suggested the bottom of the crypto market wasn’t yet in. Since then a 40% mid bear cycle pump was profited from. Now we have a situation where volatility on the BBWP is at one of its most contracted states ever seen. Which heavily suggests a huge macro move pending. The world’s markets have been propped up for months... from Evergrand in...
If you think that Bitcoin is anything but cyclic than look closer. The RSI has been a text book indicator that represents the long term probable price action of Bitcoin. When you zoom out things have a great deal more clarity. Do you have a low enough time preference to wait 2 1/2 years to take away a 1200% return. Bitcoin with either go to zero or go to 1 million...
We are currently at precipice of price action. Volatility on the BBWP is charged on every timeframe. As far as momentum is concerned the MACD is turning up on all timeframes accept monthly. Trend wise we are still making higher lows from our macro base of 29k. Data science models are all looking like we have or are close to the bottom. On chain metrics looks like...
In a word no not yet. In fact they are still in a bull trend in regard to total alt coin dominance against bitcoin. You can look at the market in many ways but pragmatically is best. At the beginning of a bear cycle we see total capitulation in alt coins against bitcoin. The next 45 Days will be incredibly strong for alts I suggest.
It is our bet that Biden's executive order on crypto regulation to be released tomorrow will be favourable for the space giving rise to structured regulation and encourage institutional investors to safely onboard. That the FED will backtrack from their hawkish sentiment in January and turn dovish at least until the end of the year because a)It's mad to tighten...
The accumulation/distribution monthly indicator has only curved up after a strong decline 4 previous times in BTC's history. Each occasion has brought about a tremendous buy signal offering 11,200, 10,000, 300 and 600% respectively. What will it return on this occasion?
This may be a mad prediction but we don't believe the FED are going to raise rates but instead kick the can further down the road. Everyone is calling for WW3 and the continuation of downtrends in equity markets. We believe that the amount of dry powder in stables coins on exchanges, the high dormancy of many long term HODLERS, the historic predicability of the...
This may be a mad prediction but we don't believe the FED are going to raise rates but instead kick the can further down the road. Everyone is calling for WW3 and the continuation of downtrends in equity markets. We believe that the amount of dry powder in stables coins on exchanges, the high dormancy of many long term HODLERS, the historic predicability of the...
Projected market top predictions for BTC. Is the S2F, S2FX correct or somewhere in the middle. I thing is for certain. Getting there is inevitable how much it will be by that time is the question.