The Others/Altcoins dominance is showing weekly divergencies.
The global scenario is posted as anyone who follows the news can see. The end of the dollar as the primary world currency is near and significant changes are upon us. This chart only proves that the dollar is set to fall even harder in the following years, setting new lows after having LH. I doubt that any other fiat currency will replace the USD as now we have...
This is the correlation between the BTC.D (inverted) with the altcoin market cap chart. It's hard to deny that both only had the 1st wave of their supercycle and are gearing up for the 3rd wave (the tsunami). My theory is that the altcoin market cap and the BTC.D charts are one impulse wave below the BTC price wave count. So, BTC is having the 1st wave of its...
I believe BTC did not have a bear market but only the 4th wave of its second supercycle which could not break under 13k-14k and validate this theory. IMO we are right now in the first leg of the 5th wave and the BTC dominance is proof of that. This inverted chart is screening higher, showing a massive consolidation under "resistance" (support). It seems it's...
The trend is bearish and we are ready to see the next big crash. The chart don't lie!
The pressure is building and at any moment it can explode. All the lows are being bought heavily which makes me believe that we already bottomed. Don't miss this next leg up or you will regret it. NFA
The least expected outcome is the most likely. Throw all those dollars into the shitcoins and let everyone panic.
The pattern between DXY and BTC is shown in this chart. It seems that BTC always goes berserk after the dollar runs and is chopping/ranging/accumulating. The dollar just had its most extensive run since BTC inception and now seems to be correcting from the 5th wave. If history is an indication, every time DXY corrects from a run and chops "sideways" for a...
They will finally have their turn. Get ready because the shit is about to hit the fan and will go crazy. Men lie, women lie but the charts don't lie!!!!
The final years of this shit coin are arriving fast! Look at that beautiful inverse Hammer on the 6/Months, isn't that a thing? Send everything up, please. Thanks, FED!
FED is saving the banks and the pivot is closer than ever. The dollar will have a very bad 2023/24 and once the rates start to decline, everything will have already landed on the moon. The pivot is just the "icing on the cake" as once it happens the markets will already have exploded (e.g; Bitcoin). The Dollar against the Real could possibly enter an...
BTC's next ATH is in May 2024. Below is a table with the number of days for each wave and the percentage change for each wave in the last collum. Using rounded numbers for percentages (50, 160, 80 and 65) I tried to spot any pattern to forecast the length (in days) of the next wave 5. E.g: First Wave 3 took 731 days and the second 610 days. 610 days represent...
As I do not like to hold any single bias, here we go the very credible bear chart of BTC . Retrace to 50k area then sub 5k by 2025.
BTC has just started wave 3 of a supercycle. This wave is getting and will get even more people by surprise. I have seen many desperate people waiting for a decent pullback to get into the market. There are two major groups out there at the moment, the ones calling for a bull trap and the ones calling a retracement which will end at some major resistance (30k,...
So, in one of my recent posts, a uniformed person, said that the majority of the herd is waiting for BTC to pump. To prove him wrong, you can see the result of the poll undertaken by a very popular YouTuber (better not mention) asking about the BTC bottom. The result is clear, of more than 50k people, 68% (the great majority) are waiting for BTC to crash and find...
The FUD right now is so big that the crypto market is about to make lots, I mean a lot of people look like a clown. - when reducing the noise you can clearly see that the two phases of the major capitulation after ATH are completed. - from now we only have two options: a] scam wick to 10k bought up in few hours and then retracing to the $48-54k area in the next...
After watching closely the markets for the past months I am starting to turn towards this theory that BTC will have its 5th wave setting a new ATH just below 100K. After that, I also believe we could see a long-lasting bear market for at least 6 years which will enable the construction of the base for BTC to go over 100k. Right now, a few people are happy with...
The BTC bottom is in. This is the last scary candle before the start of the slow rising. One of the major facts that contribute to the bottom is in theory this week was the Donald Trump NFT collection launch, here are my brief thoughts on it: - Donald Trump surprisingly launches his NFT collection in 180 degrees move in his opinion about crypto. He has just...