It looks to me that Bitcoin has found support on the .786 bull fib channel. Great news, because there are technical targets lower than here, but BTC decides when to leave gaps, and hence wallflowers. You have to play to win. You can’t win if you don’t play. Say BTC breaks through descending overhead, then what? Then, it breaks back above the “1-level fib”,...
Everyone get so mad when I said that I expect BTC to go for 95% dom. Oh, the hate and the vitriol. It was so bad, that tradingview moderators deleted comments, because they were so salty. Guess what guys, I was right. I am right, and you’re about to find out. I don’t understand why it’s so hard for people to understand. It’s just basic candles and chart...
Cobalt futures are ripping higher on DRC export halts. It makes sense, because such a high% of Cobalt is coming out of DRC, and that % has been increasing over the years, as oversupply crushes competing sources. There hasn’t been any incentive to open a new mine, until the spot price exceeds the cost to mine (all inclusive cost to mine). But, when you see the...
So they want you to sell your Strategy, because some idiot thinks he knows better than Saylor, when it was Saylor who fought for the accounting principals that allow corporations to own BTC on their books, and now almost 100 other corporations are playing catch-up. When BtC miners are buying BTC on the open market, all this does is confirm that Saylor is correct,...
Talking heads like Tom Carreras put out knowingly false statements against MSTR. That’s called “scienter” and it’s a crime what he just did. Tom said that MSTU ETF may have to “sell MSTR” if times get tough. That is a false statement. Nowhere in the MSTU prospective does it say that MSTU has to buy or sell the underlying. I think they explicitly say that they...
These assets should be about the same value in theory, but that’s not the case in fact. Theories are often thwarted by the facts on the ground. The fact is FTMDF and FT are not fungible. You cannot exchange one for the other. They’re independent pools of value, and they’re different assets. We can see that we have increasing volatility between them. The US...
It’s absolute despondency for life’r bagholders, of which I include myself. But there are guys like Brian who are real lifer’s and they’re ready to commit herri karri. I say wait. Don’t put yourself in front of a train yet. Sell when you feel like a genius, and buy when others are despondently selling. What’s happening now is just low vol, not really going...
Haters better get it in quick, because TSLA just retraced the breakout of the prior overhead. It can and probably will pump from here, because Tesla short interest remains too high. Is anyone even raise an eyebrow that Trump’s tariffs barely scathed Tesla, but hurts most other car brands, even other “American” brands. The candles don’t care if you hate Elon or not.
It was a good run, but what goes up must come down, and IBB has a long way to fall. I would short it
I’m still expecting to see a one dollar test in DJT. This is based on the current price range and the volume profile. The volume profile portends a break into new lows, and those theoretically can go to $1. The theory behind is is twofold. Firstly, we have a “half-node” VPVR. If you have an unfinished bell curve in the vpvr, you’re not leaving that node...
Lots of people are trained bots against the US dollar. They have an instinctual reflex, saying it’s going up to freeze up into an Ice 9 situation, or inflate away like Weimar Republic. Neither has happened. These npc’s fail to understand that the US export most of those dollars. There’s more overseas demand for dollars that native demand. This keeps the...
Canada isn’t looking so hot right now. Maybe Doug Ford should keep his mouth shut. I’m seeing a 1.8:1 ratio coming up, which means almost two Canadian Dollars to one US Dollar. Watch. Canada will adopt the US dollar, and it’s not going to take that long.
Euro Dollar looks like it’s in distress. If it goes back below parity, then .08 comes at you fast. At that point, you could break down from the fib channel completely and collapse against the dollar. I think what happens is everyone’s shit fiat collapses against the USD, and countries just abandon their currencies for dollars.
Hi y’all, I converted CAN to USD in the upper, right-hand corner. It puts us below the .236 Fibonacci level for my “projected” macro bull fib. I’m pretty good at this at this point. The level between 0 and .236 is a low volume, high risk, high reward zone. If and once the price overcomes the .236 bull fib, then a new bull run is confirmed, and volume enters....
It makes no sense to the bears why this might break out. They think it’s going to break down instead. It’s going to go to zero? Is that what the bears think? I’m very interested to hear from one of them, and they can enlighten us as to why they believe the price will collapse as we get very close to mine start, and the underlying spot prices of all...