A Very simple chart that shows us all how early we aer in this, even if you are only joining in now. I'll keep it simple because I am still slightly Fragile after last night lol Anyway, The chance of a RED 2025 is slim if we go by previous years. This should be a Bullish end of Cycle. But I will say, we have NO guarantees in this game and the Field has...
We can see that PA is still in channel and seemingly getting rejected off resistance mid channel. Is this Terrible News ? I do not think so. If we go back and look at the 2013 - 2017 run, we can also see PA was tame in the 2 years of mid cycle. held down by a rising trend line and, for me, I can see that this cycle also but on a bigger scale. We wait for PA to...
First of All HAPPY NEW YEAR TO YOU ALL And I think we will see an excellent year for Bitcoin. But, for now, we walk into slightly uncharted territory Previous JANUARY candle colours are 7 GREEN and 6 RED. The previous DECEMBER was the same score but now, As December closed RED, it is now 7 all. Of the previous 7 Red Decembers, only 3 were followed by a Green...
Have you ever looked a t a Bitcoin YEAR chart ? No > Here it is, from the start So easy to see why people have finally realised it is worth holding on to. For one year in every Four, it is in Loss. The ONLY time that Loss retraced back Below the year before was in 2021 / 22 while the american TradFi and institutions despicably tried to destroy Bitcoin, and...
It is Far from over. In fact, in many way, Bitcoin has Just begun its new life. It was born in 2008, it has just gone through its childhood and now, as it becomes accepyted across Finacial Markets worldwide, it is maturing into adulthood. And so, by concequence, everything I am about to say may be completely wring as we have no real idea of how high Bitcoin will...
DXY $ since 1972 and Rate Cuts When the FED cuts rates, the $ Drops in value most of the time as can be seen here on the chart below ( I have not "Boxed" the current FED Rate cuts to make it easier to see the PA ) This time it has continued to Rise for a number of reasons. In Fact, ever since that Banking "Accident" in 2008, the DXY has gained in value, on...
On the longer Term timelines, Bitcoin is still strong and recovering from its push higher but sadly for us, It lost that support line mentioned in the previous post witht he title above The Chart Below shows this clearly This is the 4 hour chart We can see how PA kept testing and retesting that line of support but eventualy fell through but what is still...
So many people, including some "Experts" have called this Dip by BTC as a Crash, caused by inflation and / or the Fed But it is NOT that at all, it is a perfect retest of resistance and here is why I have posted this chart a number of times here and it still stands, when PA crosses over that lower Bold line. PA is en-route to ATH. PA has been bouncing along...
There it is, the entire effect of FED Rate Cuts, Effects on influential companies and banks and the unstoppable RISE of Bitcoin to Corporate recognition and Adoption and the arrival of ETF's And now, with a more Global acceptance of Crypto, whats next ? what is certain is how BTC is gaining on GOLD's previous title as the Safe haven and Stor of Value The...