mezor13

mezor13 Updated 

This chart represents a correlation of BTC price and USDC + USDT market cap divided by total crypto market cap. As we can see, as soon as we are touching any channel borders on a stablecoin chart, we are starting to reverse to another side on Bitcoin chart. Right now, we are exactly in that situation and my bet is that in 2023 we experienced a smaller...

mezor13

Fibonacci Retracement Levels: We constructed Bitcoin trace out 0.5 Fibonacci zone from the peak to bottom and from bottom to peak of each cycle. Currently, BTC hovers around the mid-range of these levels, a zone that historically acts as a pivotal point for price action each time. Market Positioning: While short-term analysis may suggest an incoming correction...