@cryptoinsightuk

XRP To $0.925. Here Is Why https://t.co/Ndx5tpvaEE via @YouTube

I think Japanese bonds, U.S. bonds, and bonds spiking all over the world are a feature of what I have been talking about with USD/JPY, and in turn, the DXY. I think we are at a strain point, pressure point, boiling point for all of these charts, and they are all interrelated. The market is more leveraged than it has ever been in history. If something breaks significantly in that space, whether that is the yen, or the repercussions of what has to happen for the yen not to break, then we have a systemic issue. That could mean Japan selling down treasuries, dollars, or a mixture of both. Then you have to ask what that means for China too. I went into this in much more depth in this week’s newsletter. Short term, I think we are going to see some sort of issue, and then we get the problem, reaction, solution. The solution, in my opinion, is liquidity. Or financial Armageddon, as I have been saying, but I don’t think that is the option they choose. You can never really put your finger on that being the base case. So for me, short term: DXY up. Bonds probably up. USD/JPY up. Then a heavy reversal, probably due to intervention, potentially coordinated intervention with the U.S. That is when I think we see relief in crypto. At the same time, we have oil bouncing. We have been waiting for China and the U.S. to rebuy their oil reserves. They have not done this yet. I think that comes. I have shown the technical levels I am interested in, based on gaps in the market on the daily timeframe. I think it is likely we see an oil bounce, and it is a coincidence that the Iran issues have restarted just as we are getting into this scare. I think this could be a scary few weeks, maybe even a scary month, where people think everything is going to collapse. Then they come through and intervene. And then the opposite happens. That is where I think we are. This, in turn, gives us the thought process where we could see that final dip for crypto. A flush of the lows. The liquidity sweep for $XRP. We are already seeing bullish divergences on the higher timeframes, so I do think this is a bottoming range. I just think you’ve got to whip people about in these bottoming ranges so everyone gives up and thinks it’s all over, especially when you’ve got the macro outlook I’ve discussed above. If we wick the lows, people are really going to throw in the towel. That’s my thought process. I also don’t think we’ll go as low as most people expect. As soon as we sweep the lows, everyone will start calling for much, much lower targets. Ironically, I think that’s probably when it’s over. Whether we just wick the lows or sweep them by 10-15%, I think that could be the final flush.

No YouTube today folks. I think there is a major rally coming for crypto very very soon. I am unsure whether we flush downside liquidity for ripple:native first or not. If we do, I'll be grateful to fill my leverage positions, if not I'm happy in spot. First area to watch is $1.40, then $1.80. Unsure exactly when this is coming, but it is. Now, we look around at the macro and the $DXY is at a yearly high and $USD / $PJY at 40 year resistance. This could have some huge effects on markets if the powers that be let this create cracks. They may ( and we could see some crazy volatility), they may not (we just pump from here). This basically sums up what I'm watching and thinking. Most major cryptos have bullish divergences on the 4HR, Daily, 3 Day and the weekly. If you look at ripple:native specifically, it is the most oversold it's ever been on the weekly and the monthly timeframe. Change is coming, change is imminent. Don't get caught up in the doom posting. Bid the coins you like, shut your laptop and 6 months to a year from now you'll have seen 100% minimum (probably much much more tbh) on majors. That's what I think, that's where we are.