gigisulivan

gigisulivan

When the West were cheering Russian sanctions, seems that no one consulted them properly with people that have to make key economic decisions on regular basis like J Powell. For anyone interested I recommend this article www.zerohedge.com . While current continuation into more established bear market might look like any other short term turn to risk off, the...

gigisulivan

As shown few days ago on USDT.D chart we were right at the trend line and clearly seen today already moved back up. That is reflected in alts following same patter and returning to down trend off its own trend line. Do not let Youtube fool you, altseason isn't coming, BTC isn't decoupling from equities. We are and were in bear market for a good while now, always...

gigisulivan

Short term target, linked to my previous analysis. Russia/Ukraine narrative will drive the markets towards risk off, so easy to predict BTC will keep falling, most likely making a new Lower Low in the highlighted range over the next week , max 2 weeks.

gigisulivan Updated 

As the Monday 14th FED's meeting brought nothing to the table and Ukraine conflict still hanging on knifes edge, we've seen some bullish price action and potentially attempt to break out of that tightening formation. Next key area would be 45-46k and if BTC can make a decisive move I would see a higher probability then for the death cross trade (see linked) to...

gigisulivan

As tensions in Ukraine build up and rate hikes now likely even as soon as 14th of Feb (emergency FED meeting in place), the next leg down is most probable scenario to play out over the next few weeks with continuing into a deeper crypto bear market. My next target is around 28-30k assuming no conflict escalation in Ukraine and only int rates hike in short term,...

gigisulivan Updated 

For those still undecided whether crypto market has entered into a Bear cycle, here is a look at BTC Dominance Weekly chart and clear bullish divergence formed same way as it did in previous halving cycle 2017/2018 end of Bull phase. While dominance was not as volatile as back then, we still had 3 clear lower lows that even timestamps were very close to 17/18...