The Calm Before The Storm | No Doubt, Much Lower Next!

11 Agu

How long have you been reading these articles for?
2 years? 3 years? 5 years? More?

When looking for a reversal; when spotting a bearish wave bottom, the final low; we would always consider the trading volume... I can remember clearly, easily, after seeing it over and over and over, how a lower low coupled with low volume would signal the end of a bearish wave.

For example: A market/pair has been dropping, say for 6-8 months. At the start of the drop the trading volume is low. As the drop intensifies, trading volume increases, it becomes really high. As the drop continues, volume starts to wane but prices continue to move lower.

It keeps on going and eventually you see no volume, yet prices continue to decline.

Then a major low comes, clearly, strong, a new all-time low or multi-year low. Yet, this low is accompanied by very low volume. Do you remember these analyses?

This happens all the time. We would say, "the fact that we have a major low yet volume is low, lower than the previous low, it signals the trend is about to change; this is the bottom."

Here we have this situation with Bitcoin. Trading volume is not waning, it is not dropping, it is actually much higher than before.

We can see the 5th of August producing the highest volume and a major lower low. When the final low is in, before the reversal happens, we will see volume lower than in-between the move.

What I am saying is this: Bitcoin is set to move lower; to continue lower and this lower will produce a lower low compared to the 5th of August, for sure. 100% sure. And the final low will have lower volume than the lows produced in-between the move.

The charts don't lie. And if we can read the chart correctly, we know what will happen next.

Next: Bitcoin is set to move lower, in a matter of weeks or just a few short days.

Thank you for reading.

Namaste.

12 Agu

Catatan

On the weekly timeframe, Bitcoin produced a neutral candle, related to the trend; this indicates that the bias continues to be bearish on the weekly.

The "direction" signal comes from the 29-Jul/5-Aug session.
So the bigger downward trend (lower highs and lower lows), now five months old, remains intact.

The bottom is likely to be hit August/September 2024 followed by a relief rally and only a higher low on the next drop (~November). Don't believe those doom scenario, 2023 was the recovery year and 2025/26, we will see massive growth. Mainly 2025.

Namaste.

12 Agu

Catatan

The FED is set to lower interest rates later this year and continue with this policy in the coming years; this is a bullish development for all financial markets.

The way speculators approach this event, is by selling leading to it, aka., taking profits. So before the event happens, there is a lot of selling, massive selling for several months and finally things settle, as new support levels and lows are established, then people start buying again with a bullish bias.

Lower interest rates = cheap money.
Cheap money = higher valuation for stocks and more buying risky assets.

Again, it takes time to reflect on the market but this definitely a bullish development for the year 2025.

Namaste.

12 Agu

Catatan

🅱️ Bitcoin A Failure? Bitcoin Is A Clear Success!

➖ Can we really call Bitcoin a failure when it is now mainstream?
➖ Based on the white-paper?
➖ Bitcoin is meant for the masses but corporations own it?

The intention is to give people the freedom to make financial transactions; huge check. Bitcoin wins.

Institutions, governments, nations, etc., are all part of the mass. We are all one. Bitcoin wins. Check!

The intention was to create a form of digital cash; mega check. Bitcoin wins again; success.

The altcoins market that was born thanks to Bitcoin is part of Bitcoin, and anything that Bitcoin lacks is immediately fixed through the altcoins market. Bitcoin is crypto, crypto is Bitcoin. Bitcoin is the altcoins market, the altcoins market is Bitcoin. Bitcoin is a success.

The masses are not only using Bitcoin but all the altcoins as well.

In the past, we had fiat money and Gold. Now, we have fiat money, Gold and crypto, which includes all the altcoins and Bitcoin.

Cryptocurrency is the future of money.
Bitcoin is the present of money.

It is working right now.

The only reason why I can write, live, eat and even run a business is because of Bitcoin, all conventional systems banned me in all possible ways, and crypto gave me the only choice to be able to work freely and at the same time get paid.

Bitcoin is a success... It cannot be denied... Don't you agree?

Namaste.

13 Agu

Catatan

There are many reasons why Bitcoin will be crashing and many factors that affect the market but the main excuse that will be used to explain the soon incoming flash crash will be the war. "It is because of the war intensifying that Bitcoin is crashing." But in truth, whales are taking profits and they have a large portion of Bitcoins still to distribute (already on the exchanges).

Since most of the market participants are in denial the crash will be super fast and strong. It will be healthy for the market as it will remove all the weak hands and will set the stage for the bull-market in 2025. And we will have a very strong and awesome bull-market in 2025 for Bitcoin as well as Altcoins. Mark my words.

The fact that Bitcoin is trading below 60K on a short-term basis, consolidating below a major psychological level is quite revealing.

If we were to experience new all-time highs soon we should be challenging resistance but instead we continue see lower and lower highs each time Bitcoin tries to move higher.

Each time Bitcoin tries to move up it is faced with strong resistance. I mean, there is no large mass of people waiting to buy en-mass at 60 nor 65K. Remember it took almost an entire year of "build-up" and anticipation to create the Spot ETF hype.

Remember that the Ethereum Spot ETF went live and yet Ethereum crashed massively. When good news fail to affect the market in a positive way, this is a strong bearish signal. It also works in reverse.

Lately we've seen multiple major bullish/positive news events and developments yet the bearish bias continues to develop and strengthen. We are just stating the obvious but letting our friends know the future before it happens. The events of tomorrow being commented on today.

Namaste.

13 Agu

Catatan

🍀 FOMO VS WISDOM (TRADING PSYCHOLOGY)

The state of mind that you have when entering a new position is of extreme importance. This might as well be the most important factor to determine your future success with each individual position/trade.

Let's say you are feeling some anxiety, FOMO. If that's the case, then you absolutely must not take action. If you are feeling scared thinking you are going to miss out, then face your fears right then and there and let it go.

What is the worst that can happen? That something grows 1,000% within three days after you ignored it? So what, things are rising and declining everyday, at all times. So let it go and wait for the right state of mind.

If you approach a pair, a situation, a market, a position with stress, doubt and anxiety; FOMO, and you do decide to take action and buy, then each and every time you interact with this position these are the feelings that you are going to get. Makes sense?

So even if you get the right direction and timing, the fact that you took action on doubt and anxiety will lead to mistakes later down the road. So, let it go.

Instead, develop the right mindset. Develop courage, confidence and strength. The markets can take weeks, months and somethings years to move. Big, juicy opportunities are hard to come by, you have to wait for yours.

The best way to develop confidence, strength, mental stability and security, is through education. Educate yourself, study, learn, read. Read everything I share, every single day. This might be the best investment, even though it is free, you will ever make in your trading journey. Having knowledge of how the markets work will give you the confidence you need to stay strong when the inevitable hard-times, strong swings and shakeouts, do happen. All sorts of market moves are always going to be happening and the only way to live through those is by having a strong mental attitude, a well developed plan.

If you entered your position in a calmed state of mind, feeling peaceful inside, then each and every time you interact with this position these are the feelings you are going to recall. It is an energy. It is a flow. It is a vibration.

If you enter any situation on the anxiety and greed vibration, that is exactly what you are going to get.

If you join through the peace of mind, rest, courage, force of character, strength, tranquility, wealth and wisdom vibration, that is exactly what you are going to get.

What moved you?
What is moving you?
What is trying to move you?

If there is an impulse to "buy now before it is too late," this same impulse will later tell you to sell at the wrong time, in the wrong place.

If there is a knowledge that you need to take action because your plan says so, then this same plan will guide you and tell you how to act in the right moment when the right time comes.

One is the market impulse, the other is wisdom acquired through knowledge and hard-work.

To be successful in your decision making, you first need to do your work. Your work is to be prepared for the bull market that is not happening now but is sure to come.

Never hurry. If you need to hurry, that is the sure sign that something is wrong.

When I am making a deal and people tell me, "You have to act fast, now or never." I immediately say, "Ok, never."

If something is really yours, if something is meant for you, it will never disappear nor go away. Whatever you've earned in this life is yours to keep, you can feel calm and secure in your heart and soul, that you will win next time the market turns... Why? Because we are now together my dear friend.

Thank you for reading.

Namaste.

14 Agu

Catatan

Bitcoin's entire bear market latest one year, from November 2021 through November 2022. Thinking of the Spot ETFs, just as when the CME Futures went live; let's say the market goes ultra-bearish. Bitcoin go bearish between March 2024 through March 2025 and there would still be plenty of time in 2025 for Bitcoin to recover and produce a major bull-market. This is a worst case scenario.

It doesn't matter how you slice it. We are going up in 2025. Period.

Bitcoin will start growing for sure, full green after the USA election.
Any troublesome period is likely to happen before the elections and not after. After the USA election, we will be on our path for sustained long-term growth.

Namaste.

17 Agu

Catatan

Bitcoin will now go sideways (range bound).

While Bitcoin goes sideways, with an upward bent, the altcoins will grow.

New trade-idea will be publish later today after the 10 post limit expires.

Full update.

Adapt to new market conditions!

Act now!

FOMO!