Bitcoin dominance still has room to grow another 3-4% to 58% before it reaches its top and the altcoins season can finally start. Aim for June / July and convert your BTC to alts at that time. How low will BTC dominance go? I'm hoping 30-40%.
Nice explosion upcoming on Microstrategy. $1300 by mid 2024. Mark my words
Last time the RSI for weekly Tether dominance reached 30, it took 119 days before the Bitcoin bull run took a pause and had a big crash. 119 days from dec 4th , is April 1st. Could that be a local top?
According to US ISM Purchasing Managers Index PMI, we still have some time before a market crash. Are we in April 2007? See what happened at that time. The PMI looks very similar also. If this is the case, we still have a couple of months of a bull market before a crash. Also, pay attention to the SPX MACD. In 2000 and 2007, the MACD was already in a downward...
When the yield curve (US10Y-US02Y) started going back up and uninverted, that's when markets reached their TOPS and started going back down. This happened in 2000 and 2007. I feel like this will happen again in 2024. The yield curve went from -1% to -0.3% in the last year. It is going back up. Will SPX top in 2024 and go down for the next 1-3 years?
How long do we have before the unemployment rate truly starts rising? A couple of months in my opinion. Every time it starts going up, the SPX starts crashing. June 2024 could be the market top? As the FED starts reducing interest rates.
How long do we have before the next crash? How many months until we've reached the market top? Hopefully not yet! My estimate is a top in June 2024, when the FED starts cutting rates.
Every time the yield curve has gone negative, a market crash follows eventually. The trick is knowing when that happens. Nobody knows. When the yield inversion starts rising again, that's a sign it's about to pop. Better start selling out of markets into USD. DXY will start rising again eventually. Looking at the charts, my guess is 3-6 months tops before we...
This is real good news! People are selling their stablecoins for coins
In the past, when xlp/spx wicks down and touches the channel lows, the markets have hit a top. Keep an eye on this one!
This is the global money supply. The pattern looks the same as 2018-2020. When it broke out, we got a nice bull run in all markets!
BTC is ready to explode upwards! Very nice technical formation. Bullish AF.
See you at $1000 mid 2024 on Netflix! Crazy explosive bull run incoming!
Will NVIDIA have another explosive bull run to $1000? Everything is possible! What would be the marketcap?
The last nice juicy ALTSEASON happened Jan 2021 to May 2021. Dominance went from 70% to 40%. The USDT dominance was just chilling at the bottom of the channel for 5 months. The same thing is happening again! The BTC dominance needs to rise a little more to get our SPRING down and for the ALTSEASON to start. How long will the ALT SEASON last and how high will it...
Bitcoin broke out and is on it's way to $130,000 by May 2024. The ETF will be announced by January 10th, BTC will continue pumping. The ETF will become available by May 2024, when you want to sell. Buy the rumour, sell the news.
When the ISM Managers Purchasing Index is at it's lowest, does the SPX go up or down after? The answer is up. And right now, the index is low AF. Markets up from here!
Look at this mega cup and handle on the NASDAQ vs M2 money supply. If it breaks out, the rise will be significant! The top line is the NASDAQ at all time high in 2000. Can you believe the NASDAQ hasn't reached it's all time high vs M2! I think we'll get there early 2024 before a mega crash. When Fed cuts interest rates.