I am certain #Bitcoin will reach 26K.
Not only from the liquidity standpoint, but also from the ECONOMICAL standpoint.
Read this thread and understand..
The Dollar Index...
So, from the economical standpoint..
BULLISH Dollar = Less Dollar supply circulating in the economy which is BAD for the economy.
BEARISH Dollar = More Dollar supply circulating in the economy which means people have more $ which is GOOD.
At the moment, we're witnessing Bitcoin bottom out in perfect sync with the Dollar.
I'm not saying BTC will make a new All Time High, but this sure does set the stage for a Low-Risk environment for BTC to move up to 26K.
Take a look at the dollar chart.
Another instrument that is a GREAT indicator of #Bitcoin MACRO trends is Silver.
I was inspired by @i_am_jackis to adopt this MACRO multi-market analysis style.
At the moment, we're seeing Silver Bottom out in PERFECT SYNC with #Bitcoin
Coincidence? I don't think so.
US 10 Year Bond Yields..
This is a FANTASTIC Indicator of the Equities Market
Bond Yields going down means HIGHER Prices on Stocks because investors want to move their money out of Low-Yielding bonds to Higher-Yielding stocks
This transition sets the stage for a BULLISH Market
#SPX500 With S&P Finally clearing out the MAIN Sellside Liquidity target, we're now entering a BUY PROGRAM.
Coincidence? I don't think so.
Buying #Bitcoin now is A SMART & CALCULATED DECISION.
USDT Dominance + USDC Dominance.
What does this chart mean? This shows how much of the money circulating in crypto is held in STABLECOINS vs the TOTAL Money Circulating in Crypto.
What do the moves on this chart mean for Bitcoin? Check the next page.
A move down on STABLECOIN Dominance means investors are using up their stablecoins to buy up other assets, which typically results in Bullishness for the rest of the Crypto Market.
I rest my case.
To conclude, I don't see a scenario where #Bitcoin doesn't move up to 26K.
Buying #Bitcoin here is A CALCULATED DECISION!
The markets are entering a BUY PROGRAM. Don't miss out on this!!
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