2 months ago
🤜🤛 Benoit Saint Denis' opponent of the day at UFC Paris 2024, Renato Moicano, is a fervent supporter of Bitcoin.
“Bitcoin is not just an investment, it’s a way of life.”
says the UFC fighter.
He sees #Bitcoin as a defense against "government tyranny" and inflation.
“However, before buying bitcoin, you should analyze your options and not jump into cryptocurrency just because I said so,” Moicano smartly reminds.
After his victory at UFC 300, Moicano publicly requested that his compensation be paid in BTC.
“Bitcoin is not just an investment, it’s a way of life.”
says the UFC fighter.
He sees #Bitcoin as a defense against "government tyranny" and inflation.
“However, before buying bitcoin, you should analyze your options and not jump into cryptocurrency just because I said so,” Moicano smartly reminds.
After his victory at UFC 300, Moicano publicly requested that his compensation be paid in BTC.
2 months ago
2 months ago
🚨 CHINA RELEASES HEAVY ARTILLERY
Xi Jingping is implementing the Chinese version of "whatever it takes".
Beijing launches a MASSIVE economic offensive to save its growth and its markets in free fall!
Key points:
✅ Lower interest rates
✅ Relaxation of restrictions on real estate
✅ Direct support for stock markets
The government allows funds and brokers to draw on central bank coffers to buy shares.
A COLOSSAL boost for the Stock Market!
The objective is clear: to restart the economic machine and stop the stock market hemorrhage.
The only question is whether inflation and consumption will follow. 🤔
Household wealth has melted like snow in the sun.
China is going for broke!
Xi Jingping is implementing the Chinese version of "whatever it takes".
Beijing launches a MASSIVE economic offensive to save its growth and its markets in free fall!
Key points:
✅ Lower interest rates
✅ Relaxation of restrictions on real estate
✅ Direct support for stock markets
The government allows funds and brokers to draw on central bank coffers to buy shares.
A COLOSSAL boost for the Stock Market!
The objective is clear: to restart the economic machine and stop the stock market hemorrhage.
The only question is whether inflation and consumption will follow. 🤔
Household wealth has melted like snow in the sun.
China is going for broke!
2 months ago
🚨 The price of #Bitcoin will reach $200 ,000 by the end of 2025, according to a Standard Chartered executive.
According to Geoff Kendrick, this price will be reached regardless of the outcome of the American election.
Three factors are likely to drive the price of bitcoin to new highs in 2025:
🔹 The probable suppression of SAB-121
🔹 A marginal increase in inflation 🔹 Positive inflows into bitcoin ETFs.
According to Geoff Kendrick, this price will be reached regardless of the outcome of the American election.
Three factors are likely to drive the price of bitcoin to new highs in 2025:
🔹 The probable suppression of SAB-121
🔹 A marginal increase in inflation 🔹 Positive inflows into bitcoin ETFs.
2 months ago
The bulls are in charge as markets pump 🐂📈
But can J Pow really stick that Goldilocks landing to secure that full-on bull market?
What you should know 👇
========================================
Bulls appear to be firmly in control as the market prices in the “Goldilocks” landing scenario following Wednesday's major rate cut announcement.
What’s the Scoop?
✂️ Fed Cuts: Wednesday, America’s Federal Reserve announced a 50 bps (0.5%) decrease to its benchmark short-term policy rate in the central bank’s first instance of monetary easing during the post-Covid era.
📊 Volatile Regime: While markets initially rallied on confirmation of the telegraphed Fed cuts, they gave back the gains headed into the U.S. close and finished out that first day red. Although the bullish impulse from Fed cuts didn’t transpire until after the close, the broad market S&P 500 opened 1.5% higher today, the index’s strongest overnight gain since 2022 and its largest gap up opening to new all-time highs in at least 35 years.
🌼 Achieving Goldilocks: High interest rates were tough on the economy, but they were seen as necessary to control the big inflation that hit in 2022. Now that inflation has slowed down a lot in recent months, the Fed can start easing up on its monetary policies. Despite some softening in the labor market, numbers aren't pointing to imminent disaster, and global central bankers remain supremely confident they can keep unemployment from rising too much without causing more inflation through carefully calculated interest rate cuts.
📢 Bankless Take: The best mix of conditions seems to be coming together, boosting economic optimism and giving the green light for bulls to push markets to new all-time highs. While investors will see tanking inflation data as bullish and shrug off deteriorating labor conditions in the weeks ahead thanks to renewed confidence in the Fed Put, an unexpected turn for the worse will swiftly give way to serious recession concerns.
Analysis by JackInabinet
But can J Pow really stick that Goldilocks landing to secure that full-on bull market?
What you should know 👇
========================================
Bulls appear to be firmly in control as the market prices in the “Goldilocks” landing scenario following Wednesday's major rate cut announcement.
What’s the Scoop?
✂️ Fed Cuts: Wednesday, America’s Federal Reserve announced a 50 bps (0.5%) decrease to its benchmark short-term policy rate in the central bank’s first instance of monetary easing during the post-Covid era.
📊 Volatile Regime: While markets initially rallied on confirmation of the telegraphed Fed cuts, they gave back the gains headed into the U.S. close and finished out that first day red. Although the bullish impulse from Fed cuts didn’t transpire until after the close, the broad market S&P 500 opened 1.5% higher today, the index’s strongest overnight gain since 2022 and its largest gap up opening to new all-time highs in at least 35 years.
🌼 Achieving Goldilocks: High interest rates were tough on the economy, but they were seen as necessary to control the big inflation that hit in 2022. Now that inflation has slowed down a lot in recent months, the Fed can start easing up on its monetary policies. Despite some softening in the labor market, numbers aren't pointing to imminent disaster, and global central bankers remain supremely confident they can keep unemployment from rising too much without causing more inflation through carefully calculated interest rate cuts.
📢 Bankless Take: The best mix of conditions seems to be coming together, boosting economic optimism and giving the green light for bulls to push markets to new all-time highs. While investors will see tanking inflation data as bullish and shrug off deteriorating labor conditions in the weeks ahead thanks to renewed confidence in the Fed Put, an unexpected turn for the worse will swiftly give way to serious recession concerns.
Analysis by JackInabinet
3 months ago
Will rate cuts restart crypto's bull run? 🐂
Here's what could happen next 👇
========================================
In 2022, the Fed raised interest rates to tackle high inflation, which made borrowing more expensive and led to falling asset prices, resulting in a bear market. However, with lower interest rates, many expect monetary easing that could gently guide the global economy into a "Soft Landing."
If inflation doesn’t spike again and rate cuts help keep unemployment stable, central bankers could achieve something incredible—removing major economic uncertainties and delivering a level of global economic stability we haven’t seen in decades!
Although the Fed's latest economic projections seem to favor more future rate cuts, they also reflect how uncertain things are, with inflation forecasts being lowered, flat GDP estimates, and non-trivial upticks in unemployment expectations.
The greatest economic risk has shifted from higher inflation to falling employment, as shown by the decision to cut rates. Even though Federal Reserve members and other central bankers are confident they can manage these risks with further rate cuts, any continued economic decline could rapidly devolve into serious recession concerns.
Global bond yields that had been increasing since Tuesday dropped only slightly after the rate cuts were confirmed, suggesting the market had already factored this in with earlier moves downwards since July. While Bitcoin briefly jumped about 2% right after the rate cut news, markets started selling off soon after, erasing those gains before the day ended.
While the initial excitement around the rate cuts was clear, investors are now carefully watching how the economy reacts to these changes, with hopes pinned on a smooth transition but wary of potential bumps ahead.
Whether this will truly ignite the next crypto bull market or trigger deeper recession concerns remains to be seen as the balancing act between inflation, employment, and growth continues to unfold.
Analysis by JackInabinet
Here's what could happen next 👇
========================================
In 2022, the Fed raised interest rates to tackle high inflation, which made borrowing more expensive and led to falling asset prices, resulting in a bear market. However, with lower interest rates, many expect monetary easing that could gently guide the global economy into a "Soft Landing."
If inflation doesn’t spike again and rate cuts help keep unemployment stable, central bankers could achieve something incredible—removing major economic uncertainties and delivering a level of global economic stability we haven’t seen in decades!
Although the Fed's latest economic projections seem to favor more future rate cuts, they also reflect how uncertain things are, with inflation forecasts being lowered, flat GDP estimates, and non-trivial upticks in unemployment expectations.
The greatest economic risk has shifted from higher inflation to falling employment, as shown by the decision to cut rates. Even though Federal Reserve members and other central bankers are confident they can manage these risks with further rate cuts, any continued economic decline could rapidly devolve into serious recession concerns.
Global bond yields that had been increasing since Tuesday dropped only slightly after the rate cuts were confirmed, suggesting the market had already factored this in with earlier moves downwards since July. While Bitcoin briefly jumped about 2% right after the rate cut news, markets started selling off soon after, erasing those gains before the day ended.
While the initial excitement around the rate cuts was clear, investors are now carefully watching how the economy reacts to these changes, with hopes pinned on a smooth transition but wary of potential bumps ahead.
Whether this will truly ignite the next crypto bull market or trigger deeper recession concerns remains to be seen as the balancing act between inflation, employment, and growth continues to unfold.
Analysis by JackInabinet
3 months ago
🚨 Senators send letter to Powell asking for 0.75% interest rate cut this week.
PS: That wouldn't be bullish.
👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.
PS: That wouldn't be bullish.
👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.
3 months ago
The debate between Donald Trump and Kamala Harris was heated to say the least...
The summary 👇
What initially got the most attention was that Kamala Harris appeared to have worn "earpiece" earrings so that people could whisper "punchlines" to her.
Tensions over Ukraine:
Harris accuses Trump of literally wanting to abandon Ukraine, acknowledges that Russia has not threatened to use nuclear weapons but advocates a rapid end to the conflict.
Disagreements over foreign policy:
Trump fears global escalation, Harris defends international engagement
Lively exchanges on the economy:
Harris criticizes the tariffs that Trump wants to impose (especially on Chinese products), calling them a "sales tax" on the middle class, and blames it for current inflation.
Heated debate on immigration:
Trump alarmist accuses Biden-Harris administration of letting in "dangerous" immigrants while Kamala Harris accuses him of dividing the nation.
Abortion Clash:
Harris defends abortion rights, Trump calls for return of decision to states.
Post debate:
Taylor Swift, "America's Sweetheart," has announced her support for Kamala Harris. The potential impact on "young people" is massive
The summary 👇
What initially got the most attention was that Kamala Harris appeared to have worn "earpiece" earrings so that people could whisper "punchlines" to her.
Tensions over Ukraine:
Harris accuses Trump of literally wanting to abandon Ukraine, acknowledges that Russia has not threatened to use nuclear weapons but advocates a rapid end to the conflict.
Disagreements over foreign policy:
Trump fears global escalation, Harris defends international engagement
Lively exchanges on the economy:
Harris criticizes the tariffs that Trump wants to impose (especially on Chinese products), calling them a "sales tax" on the middle class, and blames it for current inflation.
Heated debate on immigration:
Trump alarmist accuses Biden-Harris administration of letting in "dangerous" immigrants while Kamala Harris accuses him of dividing the nation.
Abortion Clash:
Harris defends abortion rights, Trump calls for return of decision to states.
Post debate:
Taylor Swift, "America's Sweetheart," has announced her support for Kamala Harris. The potential impact on "young people" is massive
3 months ago
🇻🇪 Maria Corina Machado of Venezuela's opposition party called Bitcoin a "lifeline" for Venezuelans and a way to bypass the government-controlled exchange rate.
She proposed including Bitcoin in Venezuela's future national reserves.
Bitcoin as a "vital means of resistance" for Venezuelans suffering from hyperinflation under the Chavez and Maduro regimes.
“We envision Bitcoin as part of our national reserves, helping to rebuild what the dictatorship stole.”
She proposed including Bitcoin in Venezuela's future national reserves.
Bitcoin as a "vital means of resistance" for Venezuelans suffering from hyperinflation under the Chavez and Maduro regimes.
“We envision Bitcoin as part of our national reserves, helping to rebuild what the dictatorship stole.”
3 months ago
BTC, Bitcoin's local setup is still holding, holding the local support zone. But still, now the main movement is following a medium-term setup, a medium-term pattern. Now the price is just below the middle of this pattern and below 60,000, there has been no consolidation below. The bulls have literally several days to return the level of 60,000 and go above the local resistance zone. Also, the local key zone is 62,000, where there is an open level. Let me remind you that many major players and traders are waiting for September 11th. US inflation data, which can be used to predict a future rate cut on September 18. Two key days in September! There is minimal time left. A market reversal is more than likely to occur during these dates. But don't expect that one candle will reach the highs in one hour! The altseason is 21 years old, the main part of altcoins went to the historical max. 8 months. And a number of other altcoins were moving towards a historical maximum of +-16 months (for example, LUNA). On this squiz, the whales actively bought Bitcoins and took them off the exchanges while the paper snot whined and sold their bitcoins.
the withdrawal from the exchanges exceeds the input - 40%, 17,000 btc
Altcoins, the month of September will be key, an additional set of altcoins will be closer to September 11th. It is on the dogosrok-the average day. The turnaround will be fast and many will bite their elbows. But there is still time and perhaps one of the last chances. Let me remind you that we are at the beginning of a new cycle!
https://www.tradingview.co.../
the withdrawal from the exchanges exceeds the input - 40%, 17,000 btc
Altcoins, the month of September will be key, an additional set of altcoins will be closer to September 11th. It is on the dogosrok-the average day. The turnaround will be fast and many will bite their elbows. But there is still time and perhaps one of the last chances. Let me remind you that we are at the beginning of a new cycle!
https://www.tradingview.co.../
3 months ago
BTC, locally a resistance zone, has become a support. Marked in pale green on the graph. BUT this support is weak, due to the line of the ascending pattern, see the chart. At the moment, a setup has been formed with local level compression. also look at the chart, local resistance. Bitcoin is now almost at the end of this setup. Getting out of it in the next couple of days. A breakdown of the local resistance zone will send the price higher to the upper limit of the pattern. So a breakdown downwards will send the price at least to the local support zone. Such patterns make their way in both directions, As a minimum setup from August 20, 1 goal worked out. Most often, recently, the working out of such patterns has been down. But at least you need to wait for the breakdown. In general, the market has almost recovered, the last touch remained on September 11, inflation data. And after that, the market is free from negativity and fear.
the withdrawal from the exchanges exceeds the input - 2%, 1,400 btc
Altcoins, as well as Bitcoin on September 11, are awaiting data. But still, after the last correction, its bottoms from the beginning of August, many have already gone far enough. The activity of investors and the general mass of traders is at the lowest levels. Many people no longer have faith, almost the majority have sold and left the market. There is also enough metric data - it signals the day or close to it (of course, this data has already been during this month) and for many coins the bottom is more likely already passed! But there are still a lot of coins that can be bought back at an attractive price. I quote Buffett's words "when blood is pouring, buy, when euphoria and everyone is shouting buy and sell"
https://www.tradingview.co.../
the withdrawal from the exchanges exceeds the input - 2%, 1,400 btc
Altcoins, as well as Bitcoin on September 11, are awaiting data. But still, after the last correction, its bottoms from the beginning of August, many have already gone far enough. The activity of investors and the general mass of traders is at the lowest levels. Many people no longer have faith, almost the majority have sold and left the market. There is also enough metric data - it signals the day or close to it (of course, this data has already been during this month) and for many coins the bottom is more likely already passed! But there are still a lot of coins that can be bought back at an attractive price. I quote Buffett's words "when blood is pouring, buy, when euphoria and everyone is shouting buy and sell"
https://www.tradingview.co.../
3 months ago
BTC came out of the local flat of 58,000-62,700, but there was no consolidation higher on the daily timeframe if you look at the candles after the breakdown candle. We see that there are 2 candlesticks of uncertainty. It is understood that they were on the weekend, and recently there have been small volumes on weekends. Also, the level of 62,700 remained open. There was also no re-test of the flat breakdown. If we do not see further growth today, it is more likely that the 62,700 level will be re-tested. Which is very logical. Let me also remind you that the main growth will begin after the breakdown of the pattern and the resistance zone of 70,000-73,000.
the withdrawal from the exchanges exceeds the input - 15%, 1,000 btc
Altcoins, since the squiz on August 5th, many altcoins have grown significantly. Some gave more than two x's. But still, these are only local movements, the main growth will begin after the breakdown of the descending lines on the capitalization of altcoins and the breakdown of the resistance level for Bitcoin. On September 11, there will be data on US inflation, after which it will be safe to say that the rate will be lowered on September 18.
https://www.tradingview.co.../
the withdrawal from the exchanges exceeds the input - 15%, 1,000 btc
Altcoins, since the squiz on August 5th, many altcoins have grown significantly. Some gave more than two x's. But still, these are only local movements, the main growth will begin after the breakdown of the descending lines on the capitalization of altcoins and the breakdown of the resistance level for Bitcoin. On September 11, there will be data on US inflation, after which it will be safe to say that the rate will be lowered on September 18.
https://www.tradingview.co.../
3 months ago
BTC, against the background of a fairly positive speech by Powell of the US Federal Reserve, that it was time to change the Fed's policy and start lowering rates, the data we will receive on inflation on September 11 will give confidence in further rate cuts at subsequent Fed meetings.
Bitcoin has broken through the local resistance level against this background, we are moving along the setup that was written on the 20th. Slowly but surely we are moving towards the 70,000-73,000 mark, after which a new round of growth will begin. But still, this requires a pin on a weekly tamframe.
the withdrawal from the exchanges exceeds the input - 35%, 11,000 btc
Significant volumes!
Altcoins have grown significantly from the lower level of the squiz on August 5th. Some have already risen 2 x higher. While the waiters were waiting below. We bought in the VIP channel, and he already sees the result in our deposit! There is still a part of the fiat free, but I will not use it yet, it will probably increase the deposit in the x125 group for trading speculative transactions. I will let you know about it closer to September 11.
Altcoins have also come close to important downward trends in the capitalization of altcoins. The breakdown and closing above will already give a more significant increase in altcoins, and those entry points that we had for coins, many will already start biting their elbows! Patience is a profit!
https://www.tradingview.co.../
Bitcoin has broken through the local resistance level against this background, we are moving along the setup that was written on the 20th. Slowly but surely we are moving towards the 70,000-73,000 mark, after which a new round of growth will begin. But still, this requires a pin on a weekly tamframe.
the withdrawal from the exchanges exceeds the input - 35%, 11,000 btc
Significant volumes!
Altcoins have grown significantly from the lower level of the squiz on August 5th. Some have already risen 2 x higher. While the waiters were waiting below. We bought in the VIP channel, and he already sees the result in our deposit! There is still a part of the fiat free, but I will not use it yet, it will probably increase the deposit in the x125 group for trading speculative transactions. I will let you know about it closer to September 11.
Altcoins have also come close to important downward trends in the capitalization of altcoins. The breakdown and closing above will already give a more significant increase in altcoins, and those entry points that we had for coins, many will already start biting their elbows! Patience is a profit!
https://www.tradingview.co.../
3 months ago
💬 "The time has come"
"There are good reasons to believe that the economy will return to 2% inflation while maintaining a strong labor market"
These are the words of Jerome Powell, chairman of the FED
"There are good reasons to believe that the economy will return to 2% inflation while maintaining a strong labor market"
These are the words of Jerome Powell, chairman of the FED
4 months ago
📊 Weekly Outlook Charts Aug 19-23:
#DXY still grinding lower. Nothing much has changed since last week. Global PMI data and subsequent labor market data in UK, France, Germany, USA will have an impact on fed cut expectations and by proxy risk assets including the dollar.
The Annual Jackson Hole meeting is this week as well. Surely there will be some volatility. My best guess is Powell restating the fact that the fight against inflation is almost over and focus on labor market data will be prioritized going forward to initiate the 'soft landing'
https://www.tradingview.co.../
Within 2 weeks since the yen unwinding, we are just a couple percentage points off the highs. The vast volatility has me a bit suspicious. Since we are back above the cloud, confirms bullish continuation, however I suspect this week we might range around 5600 on #SPY due to heavy news flow this week.
https://www.tradingview.co.../
Seems like USOIL is closely following DXY most likely due to concerns of global economic growth.
https://www.tradingview.co.../
#btc still lagging risk assets in tradfi markets. Not bullish again until daily closes above the cloud. Still ranging. Not particularly interested here
https://www.tradingview.co.../
#eth is still struggling to pass resistance. Must be patient
https://www.tradingview.co.../
#DXY still grinding lower. Nothing much has changed since last week. Global PMI data and subsequent labor market data in UK, France, Germany, USA will have an impact on fed cut expectations and by proxy risk assets including the dollar.
The Annual Jackson Hole meeting is this week as well. Surely there will be some volatility. My best guess is Powell restating the fact that the fight against inflation is almost over and focus on labor market data will be prioritized going forward to initiate the 'soft landing'
https://www.tradingview.co.../
Within 2 weeks since the yen unwinding, we are just a couple percentage points off the highs. The vast volatility has me a bit suspicious. Since we are back above the cloud, confirms bullish continuation, however I suspect this week we might range around 5600 on #SPY due to heavy news flow this week.
https://www.tradingview.co.../
Seems like USOIL is closely following DXY most likely due to concerns of global economic growth.
https://www.tradingview.co.../
#btc still lagging risk assets in tradfi markets. Not bullish again until daily closes above the cloud. Still ranging. Not particularly interested here
https://www.tradingview.co.../
#eth is still struggling to pass resistance. Must be patient
https://www.tradingview.co.../
4 months ago
📊 Weekly Outlook August 19-23:
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
4 months ago
BTC, over the weekend, Bitcoin practically stood still on small volumes. There was an attempt to storm 60,000, but it failed to break through and gain a foothold higher. For many, it is already good that the price of Bitcoin has not gone into correction, as it was last weekend. The local support zone has been retained so far. But still, Bitcoin is now moving inside the pattern, this is its main movement. As I wrote in previous posts, the main growth should be expected only after the breakdown of the key resistance zone of 70,000-73,000. This week may bring enough manipulation of the whales and the Market Maker, which I use to enter some positions. Let me remind you that this week on Friday there will be a speech by Jerome Powell. Which is able to expand the market. Based on data including inflation received last week.
withdrawal from exchanges exceeds input - correlation
Minimum volumes!
Altcoins, I will use the possible volatility this week to enter some positions that I still want to purchase. Coins with good growth potentials! Let me also remind you that many coins are either at the lower boundary of a wide flat, which has already been happening for two and a half years of crypto winter. The units of coins that came out of it.
https://www.tradingview.co.../
withdrawal from exchanges exceeds input - correlation
Minimum volumes!
Altcoins, I will use the possible volatility this week to enter some positions that I still want to purchase. Coins with good growth potentials! Let me also remind you that many coins are either at the lower boundary of a wide flat, which has already been happening for two and a half years of crypto winter. The units of coins that came out of it.
https://www.tradingview.co.../
4 months ago
US LIQUID MONEY SUPPLY - $USM2 Indicator
➡️ From January 2010 to January 2020, the US M2 money supply increased by $6 .7 billion, from $8 .5 billion to $15 .2 billion, an increase of +78%.
👉 Then, between January 2020 and April 2022, the M2 money supply jumped by $6 .4 billion, recording an increase of +41% in just two years, almost as much as over the entire previous decade!
📈 To watch in the coming months: depending on the decisions that will be taken to stimulate the economy or control inflation, a further expansion of the M2 money supply could lead to an influx of capital into financial markets, which could notably benefit cryptos, as during the COVID period.
#altcoins
➡️ From January 2010 to January 2020, the US M2 money supply increased by $6 .7 billion, from $8 .5 billion to $15 .2 billion, an increase of +78%.
👉 Then, between January 2020 and April 2022, the M2 money supply jumped by $6 .4 billion, recording an increase of +41% in just two years, almost as much as over the entire previous decade!
📈 To watch in the coming months: depending on the decisions that will be taken to stimulate the economy or control inflation, a further expansion of the M2 money supply could lead to an influx of capital into financial markets, which could notably benefit cryptos, as during the COVID period.
#altcoins
4 months ago
4 months ago
Crypto markets are rallying as the latest CPI report shows US inflation at 2.9%, below the expected 3%. This has fueled speculation that the Federal Reserve may cut interest rates in September, boosting investor confidence.
4 months ago
The PPI (Producer Price Index) did us very well yesterday because it was weaker than expected. Above all, having this result 24 hours before the CPI 🇺🇸 (Inflation) figures is very good!
As you can see below, the dollar has fallen sharply, bringing with it a very powerful bullish momentum on the Nasdaq (and the S&P500 too)!
Cryptos have also reacted well but are a little late. Well, this still allowed us to pass the $60 ,000 of #Bitcoin and therefore to go back above the support, but we know very well that this remains a small movement for the BTC.
I can't wait for 2:30pm to get the CPI numbers, knowing that the consensus is for 3% like last time, so a non-event. So if we go down to 2.9%, the markets will appreciate it.
BIG PUMP TODAY ??
As you can see below, the dollar has fallen sharply, bringing with it a very powerful bullish momentum on the Nasdaq (and the S&P500 too)!
Cryptos have also reacted well but are a little late. Well, this still allowed us to pass the $60 ,000 of #Bitcoin and therefore to go back above the support, but we know very well that this remains a small movement for the BTC.
I can't wait for 2:30pm to get the CPI numbers, knowing that the consensus is for 3% like last time, so a non-event. So if we go down to 2.9%, the markets will appreciate it.
BIG PUMP TODAY ??
4 months ago
(E)
⚠️ This is quite interesting:
Inflation (CPI) has registered its FIRST MONTH with an interannual figure LESS than 3% in MORE THAN 3 YEARS ‼️👀
Meanwhile, the odds of the FED 🇺🇸 cutting rates in September are INCREASING, for now putting aside fears of a short-term recession ⚠️
If the data follows this same path, the Federal Reserve will begin a new cycle of liquidity injection in just over a month, and risk assets such as #Bitcoin will see GREAT BENEFITS 🚨
How do you think the next macro data will turn out? 🤔
Inflation (CPI) has registered its FIRST MONTH with an interannual figure LESS than 3% in MORE THAN 3 YEARS ‼️👀
Meanwhile, the odds of the FED 🇺🇸 cutting rates in September are INCREASING, for now putting aside fears of a short-term recession ⚠️
If the data follows this same path, the Federal Reserve will begin a new cycle of liquidity injection in just over a month, and risk assets such as #Bitcoin will see GREAT BENEFITS 🚨
How do you think the next macro data will turn out? 🤔
4 months ago
🚨 Highlight of the interview between Elon Musk and Trump:
👉 The interview began with Elon Musk discussing a massive DDoS attack that severely disrupted and delayed the live broadcast, originally scheduled for 8 p.m. Musk said the incident clearly revealed the strong opposition to President Donald Trump's speech:
🔹 "This massive attack shows that there is a lot of opposition to people simply hearing what President Donald Trump has to say."
🔹 Elon Musk then found it fascinating that Thomas Crooks chose the most obvious location for an assassination attempt, although no one anticipated it.
🔹 “If the goal is to assassinate, what would be your favorite place? This building. This building would be number one,” Elon Musk remarked. Donald Trump agreed: “That would have been the most appropriate place.”
👉 Elon Musk then expressed his admiration for Trump's reaction to an assassination attempt. He praised the president's determination not to be defeated by this dramatic event, but to continue to fight with a firm will and a spirit of defiance.
🔹 “Your actions following this assassination attempt have been truly inspiring,” said Elon Musk.
👉 The conversation then turned to politics, with Donald Trump voicing scathing criticism of Vice President Kamala Harris for what he called blatant hypocrisy.
🔹 Donald Trump accused Harris of plagiarizing one of his proposals, that of abolishing taxes on tips, while at the same time supporting increased IRS surveillance of citizens' tips. He denounced this inconsistency by declaring: "These people are FAKES", highlighting the contrast between past actions and current positions.
🔹 Donald Trump recalled that the previous administration had hired 88,000 new IRS agents to closely monitor tips received by waitresses and carts. According to him, this policy was mainly aimed at increasing surveillance and imposing additional burdens on workers in these sectors.
🔹 However, Donald Trump pointed out that Harris had recently adopted his proposal to eliminate tip taxes, which he said illustrated political opportunism. He accused Harris of changing her position in response to political pressure, saying that the move was designed to improve her image and gain political advantage, while remaining at odds with the policies she previously supported.
👉 Elon Musk then expressed grave concern about the future of the United States if current border policies continue.
🔹 "I'm not sure we'll have a country anymore if open borders continue for four years," he warned.
🔹 Donald Trump added that if Kamala Harris were elected, it could lead to the arrival of 50 to 60 million people from various countries around the world.
🔹 “Inflation comes from government overspending because checks never bounce when they are written by the government,” Musk explained. He suggested the creation of a “government efficiency commission” to review and reduce wasteful spending, noting that interest payments on the national debt have now exceeded the defense budget, a situation that demands immediate action.
👉 Finally, Elon Musk addressed the subject of censorship, expressing harsh criticism towards Thierry Breton, the European Commissioner, whom he accuses of having tried to censor his conversation with Donald Trump.
🔹 Elon Musk referred to Breton's warning, who had said: "With a larger audience comes greater responsibility." This statement was perceived by Musk as an attempt to limit freedom of expression, which prompted him to react strongly.
🔹 To express his displeasure, Elon Musk shared a provocative meme addressed to Breton, asking him to “take a big step back and literally fuck off.” This reaction underlined his firm opposition to any form of censorship, especially when it seems to target freedom of expression on public platforms.
👉 Elon Musk then highlighted the way Donald Trump had handled freedom of expression during his first term.
👉 The interview began with Elon Musk discussing a massive DDoS attack that severely disrupted and delayed the live broadcast, originally scheduled for 8 p.m. Musk said the incident clearly revealed the strong opposition to President Donald Trump's speech:
🔹 "This massive attack shows that there is a lot of opposition to people simply hearing what President Donald Trump has to say."
🔹 Elon Musk then found it fascinating that Thomas Crooks chose the most obvious location for an assassination attempt, although no one anticipated it.
🔹 “If the goal is to assassinate, what would be your favorite place? This building. This building would be number one,” Elon Musk remarked. Donald Trump agreed: “That would have been the most appropriate place.”
👉 Elon Musk then expressed his admiration for Trump's reaction to an assassination attempt. He praised the president's determination not to be defeated by this dramatic event, but to continue to fight with a firm will and a spirit of defiance.
🔹 “Your actions following this assassination attempt have been truly inspiring,” said Elon Musk.
👉 The conversation then turned to politics, with Donald Trump voicing scathing criticism of Vice President Kamala Harris for what he called blatant hypocrisy.
🔹 Donald Trump accused Harris of plagiarizing one of his proposals, that of abolishing taxes on tips, while at the same time supporting increased IRS surveillance of citizens' tips. He denounced this inconsistency by declaring: "These people are FAKES", highlighting the contrast between past actions and current positions.
🔹 Donald Trump recalled that the previous administration had hired 88,000 new IRS agents to closely monitor tips received by waitresses and carts. According to him, this policy was mainly aimed at increasing surveillance and imposing additional burdens on workers in these sectors.
🔹 However, Donald Trump pointed out that Harris had recently adopted his proposal to eliminate tip taxes, which he said illustrated political opportunism. He accused Harris of changing her position in response to political pressure, saying that the move was designed to improve her image and gain political advantage, while remaining at odds with the policies she previously supported.
👉 Elon Musk then expressed grave concern about the future of the United States if current border policies continue.
🔹 "I'm not sure we'll have a country anymore if open borders continue for four years," he warned.
🔹 Donald Trump added that if Kamala Harris were elected, it could lead to the arrival of 50 to 60 million people from various countries around the world.
🔹 “Inflation comes from government overspending because checks never bounce when they are written by the government,” Musk explained. He suggested the creation of a “government efficiency commission” to review and reduce wasteful spending, noting that interest payments on the national debt have now exceeded the defense budget, a situation that demands immediate action.
👉 Finally, Elon Musk addressed the subject of censorship, expressing harsh criticism towards Thierry Breton, the European Commissioner, whom he accuses of having tried to censor his conversation with Donald Trump.
🔹 Elon Musk referred to Breton's warning, who had said: "With a larger audience comes greater responsibility." This statement was perceived by Musk as an attempt to limit freedom of expression, which prompted him to react strongly.
🔹 To express his displeasure, Elon Musk shared a provocative meme addressed to Breton, asking him to “take a big step back and literally fuck off.” This reaction underlined his firm opposition to any form of censorship, especially when it seems to target freedom of expression on public platforms.
👉 Elon Musk then highlighted the way Donald Trump had handled freedom of expression during his first term.
4 months ago
⚠️ Be very careful about taking today's data as positive ‼️👀
PPI inflation has come in SLIGHTLY below expectations, HOWEVER, core inflation has come in at 2.4% year-on-year, WELL BELOW the expected figure of 2.7%
This is a possible ADDITIONAL sign that the US economy 🇺🇸 is starting to go downhill without brakes, and the Federal Reserve has NOT yet taken the necessary measures to prevent it 🚨
PPI inflation has come in SLIGHTLY below expectations, HOWEVER, core inflation has come in at 2.4% year-on-year, WELL BELOW the expected figure of 2.7%
This is a possible ADDITIONAL sign that the US economy 🇺🇸 is starting to go downhill without brakes, and the Federal Reserve has NOT yet taken the necessary measures to prevent it 🚨
4 months ago
BTC, the weekly candle opened below the 60,000 level. Thus, the level was not kept. I wrote in previous posts that it is important to open a weekly candle above this level so that at least a consolidation would occur. In any case, this is a local movement within the pattern, see the chart. A new round of growth will occur only after the breakdown of the resistance zone (I'm not talking about scalps or speculative transactions), we are talking about normal medium- and long-term growth. But this week can change a lot, this week data will be published starting on Tuesday, throughout the week every day, US inflation data, CPI and so on. Based on this, the US Federal Reserve will decide on a rate cut at its meeting on September 18.
Locally speculative, the 57,600-57,500 level is a key support level. The loss of this level is the 56,000-54,600 zone. Also, in order to continue growth within the pattern and reach the upper limit, it is necessary to break through and consolidate above the levels of 60,000 and 62,700.
withdrawal from exchanges exceeds input - correlation
Minimum volumes!
Altcoins, they will also be affected by this week's data. Many altcoins are at the bottom of a wide flat that we have been trading for more than two years. Now we are not talking about speculative deals or scalp deals. We are talking about the medium- and long-term growth of this cycle. Which began after halving Bitcoin. Altcoins, there is still a little time to buy, set, altcoins. But this time will soon pass, those who are trying to save a couple of cents at the entrance will remain without coins and of course will buy on hay. My optimal choice of trading on the current is to buy a ladder. Of course, if I buy any coins, I will definitely write about it in the VIP channel. It's a matter of time! The beginning of altcoin growth, which is no more than 2 months away.
https://www.tradingview.co.../
Locally speculative, the 57,600-57,500 level is a key support level. The loss of this level is the 56,000-54,600 zone. Also, in order to continue growth within the pattern and reach the upper limit, it is necessary to break through and consolidate above the levels of 60,000 and 62,700.
withdrawal from exchanges exceeds input - correlation
Minimum volumes!
Altcoins, they will also be affected by this week's data. Many altcoins are at the bottom of a wide flat that we have been trading for more than two years. Now we are not talking about speculative deals or scalp deals. We are talking about the medium- and long-term growth of this cycle. Which began after halving Bitcoin. Altcoins, there is still a little time to buy, set, altcoins. But this time will soon pass, those who are trying to save a couple of cents at the entrance will remain without coins and of course will buy on hay. My optimal choice of trading on the current is to buy a ladder. Of course, if I buy any coins, I will definitely write about it in the VIP channel. It's a matter of time! The beginning of altcoin growth, which is no more than 2 months away.
https://www.tradingview.co.../
4 months ago
🇳🇬 A Nigerian man files a lawsuit to overturn the ban on the possession, use and trading of #Bitcoin in the country.
The lawsuit seeks, among other things, to lift the blockade on crypto exchanges, in order to guarantee all Nigerians unlimited access to tools to hedge against inflation.
https://x.com/dgr8otudor/s...
The lawsuit seeks, among other things, to lift the blockade on crypto exchanges, in order to guarantee all Nigerians unlimited access to tools to hedge against inflation.
https://x.com/dgr8otudor/s...
4 months ago
📊GlobaVTS is still trying to gain a foothold above the 60,000 level. It is necessary to open the weekly candle above. But in any case, it will only be a local movement with subsequent growth towards the upper boundary of the pattern. Where there is a possibility of some manipulation by the Market Maker and whales. As I wrote earlier, for a new round of growth, it is necessary to break through the resistance zone of 70,000-73,000, but not only to break through, but also to gain a foothold higher. Next week there will be important data on US inflation, with the help of which it will be possible to predict the possibility of lowering US Federal Reserve rates.
withdrawal from exchanges exceeds input - correlation
Minimum volumes!
Altcoins are also waiting for information from the Fed next week. And of course, the breakdown of the resistance zone for Bitcoin. The growth will be significant in the medium and long term. Locally, there may still be some manipulations. But as soon as the inflation data arrives, I will start buying some altcoins. I will write the signals in the VIP channel.
https://www.tradingview.co.../
withdrawal from exchanges exceeds input - correlation
Minimum volumes!
Altcoins are also waiting for information from the Fed next week. And of course, the breakdown of the resistance zone for Bitcoin. The growth will be significant in the medium and long term. Locally, there may still be some manipulations. But as soon as the inflation data arrives, I will start buying some altcoins. I will write the signals in the VIP channel.
https://www.tradingview.co.../
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