So, First of all, this is not the end of the fall. The pattern is continuous and has been known for a long time. Secondly, Bitcoin volatility may give more than one false signal for growth, while sucking all the energy out of retail investors. Because there is a nuance, as in that seditious joke: the dominance is too high,
$36 trillion - the volume of US national debt. $3 trillion - the market capitalization of cryptocurrencies today. (Total money that can be 'gathered' from the population, as you all assume). It took 14 years to form it. 1 year was needed to increase the volume of US national debt by $2 trillion. This means there is a progression: shorter time / greater growth of its volume. Even if we assume that in the next 5 years the US will pump the market to the level of $30 trillion, oh, yes… In the next 5 years, to pump it with such a volume of money 'in one gulp,' it would require printing the same amount of money. Over 5 years of printing to cover $36 trillion... the amount of national debt will already be around $70+ trillion, if not more.
You forget that the states owe themselves, and in fact - a private printing press, but for these private entities, the states are a shield and sword in maintaining their own existence. They are in synergy/symbiosis if you will.
And the capitalization of all combined American companies in stocks and indices is about $70 trillion. As Rothschild said: "be careful, cause all the markets are deep fake"
This is a very fine forecast, the movements will be incomparably broader
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che47
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Bullish
$BTC for Bitcoin, there are 2 possible scenarios. 1. We go to close the gap (102,600-103,700) and bounce off the upper range of the weekend (102,600). 2. We fall into the weekend range and bounce off the lower range of the weekend (100,600). Considering the Federal Reserve meeting in the USA, my expectations are bullish.
Of course, graphs for hamsters) from HAMSTER COMBAT!!
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Feed-Creator-32d40f1db
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A completely different market. A bunch of funds scooping up Bitcoin. These pictures and graphics are more suitable for retail investors in Telegram channels. There will be corrections, of course, but nothing as deep as this for BTC.
Gentlemen, if after 118,000$ we don't go into a correction with a volume of a 30-liter cistern of red, then this episode may become my favorite horror movie.
- Deviation from MA 25 - record - The annual scale figure "cup with handle" remained without a retest to $75-78, - we have no globally red candles on the movement from $70,000 to now 118,000$ the first target.
Even if this is a "cascade" figure, then the target of 132,000$ will be closed within the framework of this movement. But then, I would include Jesse Livermore and "short this country to hell."
On the 3-day TF, I observe a divergence in the direction of RSI and STORCH RSI, which indirectly indicates a "pump of the last smile".
Further, in EACH of the events in the past, a fall of #BTC first by 70% (March 2020) Then 55% (May 2021) was accompanied by the notorious harmonica S.RSI. Large TFs. On each of the last waves of which we were fixed in the fall and a reversal occurred. Here we observe the situation in the opposite direction: on the last wave of the harmonica, we go to $ 118,000, the trend has already changed to the opposite. (We go from top to bottom) This is another "moment" with all the cumulative.
Not to mention the fact that in the last year there are practically no volumes for such a movement 👀
This situation is simple as hell, this pattern is simple as huck, here are some key facts for you to follow during this period
1( Correction for the major figure “cup with a handle” will follow soon (i think two weeks) Before the pattern run to the aim, waiting btc comes to a 89-92 level to test 2)with such domination we will see all alts multi correction up to -50% ( i am awaiting #RUNE for $3,5 or $2,56 even 3) the only option which can decline this movement is a huge market maker move on the governmental level (yes they can, everybody forgot, but USA after the last announce still Hold its aprox 60,000 #BTC for the sale. And they can. So keep this risk in mind
4) if 1 and 2nd will follow we will see the last spring for the #BTC before it becomes regulated
Moreover, in past posts I have expressed doubts that Bitcoin is 65% owned by retail investors.
We may see many more “confiscated” bitcoins ending up in the hands of the US government in the coming year.
This strait is not related to the Iranian threat; Let me remind you that when Israel was hit, the crypto market grew quietly.
According to the figures that are announced to us, about 50,000 bitcoins have surfaced over the past 3 months. Let me remind you that Germany was the first to sell “against the market”.
Further unknown addresses
Next is the USA.
The bad news is that if my theory is correct, then market manipulation is just beginning. The good news is that at some point they will need growth. But when and under what circumstances is the main question
You're not listening. You are guessing. You draw conclusions from the news, from hypotheses about how they will affect the market.
You bet on a fall because “in your opinion it should happen,” and you are definitely smarter than the market and can predetermine it.
I speak in the language of indicators and charts; the only tools that work, because the graph REFLECTS HUMAN PSYCHOLOGY.
You will be surprised, but manipulated news is created based on incipient market movements, and not vice versa. After all, for the latter, interpolitical scales are needed.
Bitcoin goes to 74, where next - we'll see. I'm annoyed by the dominance, it's too dynamic and doesn't allow the alts to relax so that we can all exhale and the alt season begins.
#BTC Be careful with shorts, there is not even a hint of a short movement either on the daily or on 3D timeframes. General setup (more than a week) for a strict long up to 74k.
Many interesting discoveries await us all in the crypto industry. Will it become an island of freedom for the masses? - the probability is negligible. Exactly the same way John Law, who was the creator of paper money, prophesied happiness for everyone at the beginning of the 18th century. But what I know for sure is that the number of bitcoins that are currently indicated as distributed among individual investors does not correspond to reality.
This is what I am sure of: if there were people like Makkafi, who was the holder of 1,000,000 BTC, according to some estimates, then there are others.
Why is it now that addresses from 10 years ago suddenly became active at the same time? Before believing in the upcoming large-scale market growth?
The principle of economics according to Thomas Sowell is not formulas, but an understanding of everyday processes. This is exactly how Michael Bury predicted the US real estate bubble in 2008.
We may be on the verge of the last major cycle before the collapse of the entire crypto system. But these are nothing more than theories.
#BTC Be careful with the bearish game now. Pay attention to the set up of indicators on the weekly and monthly timeframes.
Everything is very similar to 2021, and the most important thing is that the growth occurred WITHOUT VOLUME. Now the RSI is even lower at 27. The same flat volumes and the same oversold conditions.
The news no longer gives anything.
We are talking about local movement up to 63-65, and then the dynamics are unpredictable.
Let me remind you that dominance paints a very short trend, which can collectively lead to the first bullish impulse.
The market grows when everyone is waiting for the bottom, and the bottom does not come. When people are confused and doubt that the fall is not over yet. And at the same time, the news background suggests that there can be no growth.
When a prolonged sideways situation exhausts you and forces you to rush between two opposing decisions. And then, when the news continues to be negative, and people stop opening orders waiting for a more clear signal, that’s when growth occurs. But it will be too late, and FOMO will take its place.