sacredprofit

sacredprofit

As mentioned in my last idea on the subject, Gold is poised to rise dramatically in 2023 due to an upcoming liquidity event. Gold is a useful coincident indicator when used in conjunction with the USD. When Gold/USD are negatively correlated, it generally means there's a loosening of financial conditions for whatever reason (e.g., central banks selling...

sacredprofit

Tether isn't looking too hot right now. I haven't calibrated Cycles to work with stablecoins, but I'd assume that the seasonal current (purple) crossing the yearly current (fuchsia) is... problematic. Maybe don't keep all your funds in $USDT. The clustering of energy confirmations is also a very poor sign for $USDT. (Not enough historical data to say what comes...

sacredprofit

I had been following the playbook of GC1! 2011/2012. I was expecting Gold to fall to its lustrum current around $1,480 (at the time). And while it did fall another -7% from that tweet (-12% after breaking it's year current), what I didn't realize was that the liquidity profile was very different now. Basically the opposite. It's important to remember...

sacredprofit

While both BITSTAMP:BTCUSD and BINANCE:BNBUSD have corrected substantially from the crypto highs... The big difference is that $BTC has already reached the level at which it historically bottoms. Meanwhile, $BNB still has another -74% to go before it can settle. Can BITSTAMP:BTCUSD drop from here? Sure. Especially with a fall in ...