If we use the time Bitcoin had a full cycle without any global economic problems in 2016 to 2018. We see the faint white line is painting a very similar movement of price. The variation outside of the norm would tell us Bitcoin has to make a very large move by year end to stay on track.
MVRV Z Score - Is also indicating Bitcoin is undervalued and no...
Don't follow alt coins much nor Ethereum but I decided to check out the ETH/BTC pair inverted it and found a very strong similar pattern that Apple and Blackberry made after the dotcom bubble.
Apple as the strongest competitor in the smart phone scene left Blackberry spinning in circles with a last jump to try gain market share resulting in a fail of the share...
Roaring 20s, Roaring 20s Paralleled 100 Year Event.
During 1920s - 1930s we experienced a "pandemic event" in both scenarios *odd*.
It created a shock crash followed by a pandemic rebound that the masses called "bubble" this is where valuations broke due to a black swan event.
We use the SMA 2D (200) that shows the larger trend of the market and we...
Bitcoin - Where It Should Be Is Correct
Bitcoin hovering around this price range in a sideways channel for a long period of time is exactly where it should be in cycle where weak hands get bored and sell to strong hands.
Z-Score showing no signs of anywhere near an overheated market, Spot ETF's are still very underallocated, the RSI Halving 100, Weekly...
Bitcoin Outlook For September-December
Today we take a look at the Bitcoin price and we also cross check this with the spot Gold price.
Gold is a leading indicator for where a bulk of major capital flows when navigating the market and this is due to Gold being a safe haven next to Government bonds to park capital when you know governments will start...
