Inflation is cooling way faster than expected. Fed policy seems too restrictive at the moment.
📉CPI surprised to the downside.
📉PPI turned strongly negative.
The implications are straightforward:
↓ Inflation
↓ Fed Rate
↓ USD
↑ Global liquidity
↑ Bitcoin/Risk-on https://t.co/3ICXcaiFEN
BTCActivation price $64,160.51Direction LongType DirectionalTimeframe Mid
Max Favorable +1.1%Max Adverse −2.5%Opportunity 0.62Time 0.00Magnitude 0.62Score 0.25
$Bitcoin faces some resistance at the $66k level, formed by the bi-weekly closes from Feb-Mar earlier this year.
With wars ending, a new Fed chair, oil dropping, BTC looks very cheap. https://t.co/2G1XcsYs8V
BTCActivation price $65,752Direction LongType DirectionalTimeframe Mid
Max Favorable +1.1%Max Adverse −12.1%Opportunity 0.58Time 0.00Magnitude 0.58Score 0.18
$BTC is mimicking the 2015 double bottom setup.
1. Break downtrend
2. Retest downtrend with new low (liquidity grab)
3. 🍌🚀 https://t.co/BZyr1d1Bbj
BTCActivation price $61,687.56Direction LongType DirectionalTimeframe Mid
Max Favorable +9.1%Max Adverse −6.3%Opportunity 0.85Time 0.86Magnitude 0.85Score 0.65
✅ Break.
▶️ Retest.
⏯️ Continuation.
#Bitcoin https://t.co/mCvySOsbnK
BTCActivation price $61,000Direction LongType ConditionalTrigger Sweep Below (Reversal Up) 61000Timeframe Mid
Max Favorable +10.3%Max Adverse −5.2%Opportunity 0.81Time 0.74Magnitude 0.81Score 0.66
$ETH is printing a highly complex Expanding Diagonal, consisting of 5 corrective waves in a triangular structure.
Wave c of 5 of ⑤ is the final blow-off style impulse, targeting the orange box ±$10k-$22k
Inv. ::::: Break below 4 https://t.co/nJDzJ410xX
ETHActivation price $1,772.54Direction LongType DirectionalTimeframe Long
Max Favorable +4.3%Max Adverse −15.1%Opportunity 0.38Time 0.00Magnitude 0.38Score 0.18