BTC's patterns are gorgeous but beyond new territory imo.
DXY is staged for a shoebag to the down, yet BTC still has liq ~104k zone as do stocks have more room for growth via a strong Q1.
Especially if Japanese YIN is able to keep news about their rates aside and work it out, the US dollar will hold more value this presidential cycle. Stabilizing the range for IF A DUMP OCCURS on Bitcoin, Wallstreet liq will keep a solid >60k btc. Imo 50's wont happen again, and it might get a little bit unpredictable for the second half of this 10yr cycle going into 2025-2030. Both ways- bull AND OR bear.
Unless we have a reset; which I doubt will ever happen because the entire human race depends on the dollars stability.
Short term tho; RSI said to exit 100k BTC.
Long term tho; This is going to be an interesting 4 years of a Post-Biden America. I see health, but am concerned deep down for some reason.
NFA DYOR IDK F*K ABOUT SH*T
DXY is staged for a shoebag to the down, yet BTC still has liq ~104k zone as do stocks have more room for growth via a strong Q1.
Especially if Japanese YIN is able to keep news about their rates aside and work it out, the US dollar will hold more value this presidential cycle. Stabilizing the range for IF A DUMP OCCURS on Bitcoin, Wallstreet liq will keep a solid >60k btc. Imo 50's wont happen again, and it might get a little bit unpredictable for the second half of this 10yr cycle going into 2025-2030. Both ways- bull AND OR bear.
Unless we have a reset; which I doubt will ever happen because the entire human race depends on the dollars stability.
Short term tho; RSI said to exit 100k BTC.
Long term tho; This is going to be an interesting 4 years of a Post-Biden America. I see health, but am concerned deep down for some reason.
NFA DYOR IDK F*K ABOUT SH*T
Transaction en cours
Completed: Waves 1, 2, and 3.Pending imo Wave Four/Five for a final leg into price discovery.
Realizing gains will be taken around TPs at 136k-142k.
Note
DXY’s been hovering below 100 since the election. Yen carry trade’s been snapping back and forth—tied to rate cut speculation that can’t make up its mind.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.