Coiner-Yadox Profile picture
Oct 17, 2020 29 tweets 14 min read Read on X
$btc $btcusd #BTC

OK, so @cryptoquant_com is doing a closed beta and I'm lucky enough to be able to test it.

Let's make a Big thread right here to connect Onchain Analysis & Technical Analysis

Is $btc in a bull market or what ?

1/x
$btc $btcusd #BTC
Let's begin with Difficulty, Hashrate & Price, on a log scale.

A 10 year uninterrupted increase.

2/x Image
$btc $btcusd #BTCUSD

Price following closely the Number of Active Adresses

More people in the ecosystem -->
more money comin -->
$btc price increase

3/x Image
$btc $btcusd #BTCUSD

$btc Reserve: Number of $btc held on exchanges.

Sharp increase of $btc on exchanges gives us the capitulation
A slow increase of $btc on exchange give us the distribution (slow process)
A DECREASE of $btc on exchange is accumulation.
People are buyin.

4/x Image
$btc $btcusd #BTCUSD

Number of $btc held on exchanges in $$ value

Almost at all time high. No liquidity crisis in sight.

We have $btc increase in price while nbr of $btc held on exchanges is decreasing since March 12th Corona drop

5/x Image
$btc $btcusd #BTCUSD

This is probably the most important chart yet imo.

For the past year, we have a sharp increase in Stablecoins
𝙒𝙃𝙄𝙇𝙀 the nbr of $btc held on exchanges is decreasing.
This.
is.
Bullish.

It's called accumulation. People are buying.

6/x Image
$btc $btcusd #BTCUSD

$btc exchanges inflows mean, giving pretty good signals for capitulations.

At a market bottom, falling prices eventually force out large numbers of traders, resulting in volatility and increased volume.

7/x Image
To be continued later on...
$btc $btcusd #BTCUSD

Very interesting stuff.

When using a 360 MA (to smooth the data) on the Netflow, we get a raw

Accumulation / Distribution areas indicator

@cryptoquant_com
8/x Image
$btc $btcusd #BTCUSD

MA cross 360 EMA & 360 MA on Exchange Inflows gave us the exact 2 first tops in 2013, and the exact 2018 bottom

Good inflections point.

need to tweak this and play with MAs

9/x Image
$btc $btcusd #BTCUSD

Positive slope on 360 MA for the Miners Reserve give us the early phase of bull-runs ?
( = miners accumulation ?)

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$btc $btcusd #BTCUSD

100/360 EMA cross on Miners Reserve giving pretty good buy signals.
Soon another buy signal (˵ ͡° ͜ʖ ͡°˵)

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$btc $btcusd #BTCUSD

Similar to tweet 8.
When using a 360 MA (to smooth the data) on the Miners Netflow, we get a raw

Accumulation / Distribution areas indicator

12/x Image
$btc $btcusd #BTCUSD

21 EMA / 200 MA cross on NVM

Basically, you want to be long when 21 is above 200
And short when 21 is below 200

$btc 21 is above 200 since Oct 12th

13/x Image
To be continued later on... :)
$btc $btcusd #BTCUSD

21 EMA of the MPI (An MPI reading above 2 suggests miners are selling their BTC after mining, while a negative value shows they're avoiding selling as much as possible in favor of accumulation)

Except H1 2015, you want to follow what miners are doing

14/x Image
$btc $btcusd #BTCUSD

10EMA of Exchange whale ratio (Exchange Whale Ratio is the relative size of the top 10 inflows to total inflows by day of each exchange)

OK this one is a VERY good one too. Follow the whales.

multi tweets explanation:

15-1/x Image
$btc $btcusd #BTC
-When 10EMA> 0.48 (Green vertical lines), it's a BUY signal, meaning whale inflows compared to total inflows are small (whales dont want to sell)

15-2/x Image
$btc $btcusd #BTC
-When 10EMA<0.38 (Red vertical lines), it's a SELL signal, meaning whale inflows compared to total inflows are important(whales want to sell)

At 13k currently, it would suggest that the rally is close to the top

15-3/x Image
$btc $btcusd #BTC
The signal seems to be better if the slope of 10 EMA is very aggressive into the zone

15-4/x
What this also suggest, is that whales got tricked into buying the 6k floor in 2018

Hahaha, suckers
Overall, I like a lot @cryptoquant_com Onchain analysis tools and when their beta is finished, i'll subscribe to cq.live .

Here is my referral, if you're interested in testing it too.
cryptoquant.com/sign-up?my-fri…
Plus I have already set 3 alarms on the $BTC flow I was watching manually
Pour mes lecteurs français, voici la traduction du thread Twitter, posté en article sur bitcoin.fr, merci à @bitcoinpointfr !
$btc $btcusd #btc

bitcoin.fr/analyse-de-la-…
$btc $btcusd #btc

21 daily EMA on Stablecoins Inflow
Could be used as an indicator (similar to OBV)

simple TA:
A break of trendline = increase in stablecoins inflow compared to latest period = BUY signal

17/x Image
So, in the past 2 days,Exchanges reserve got down 4%
$btc $btcusd #btc

this is big, wtf Image
saw Blackbeard post , so i checked by myself
someone is buying every $btc possible or what ?
that's the largest downspike visible

lol, a zoom in into exchanges reserve
Reserves were depleted from Binance / Huobi mainly, & Bitfinex

$btc $btcusd #btc Image

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More from @Yodaskk

Oct 20, 2024
You all probably won't read all of this coz you lazy, but basically there is a lots of similarities between late 70s and now: inflation rising asf, war risks all over the world, and a LAST MACRO WAVE 5 in gold and markets
$BTC is currently in the same position as gold in 1978 IMO

Look what ChatGPT is saying :
### **Inflation and War Risk: Late 1970s vs. Current Dates**

#### **Inflation in the Late 1970s**
The late 1970s were marked by what is known as the "Great Inflation." Key characteristics include:
- **High Inflation Rates**: Inflation rates soared, reaching as high as 14% by the end of the decade². This period saw persistent and high inflation, driven by factors such as oil price shocks, loose monetary policies, and high government spending.
- **Economic Impact**: The high inflation eroded purchasing power and led to economic instability. The Federal Reserve eventually had to implement very high interest rates to control inflation, which led to recessions².

#### **Current Inflation**
In recent years, inflation has also been a significant concern, particularly following the COVID-19 pandemic and geopolitical tensions:
- **Rising Inflation**: Inflation rates have increased globally, with some countries experiencing rates above 6%¹. Factors include supply chain disruptions, increased demand post-pandemic, and the impact of the Russia-Ukraine conflict on energy prices.
- **Central Bank Responses**: Central banks have been raising interest rates to combat inflation, similar to the late 1970s, though the current rates are generally lower than the peak rates of the 1970s¹.

#### **War Risk in the Late 1970s**
The late 1970s were a period of heightened geopolitical tension, primarily due to the Cold War:
- **Cold War Tensions**: The Soviet invasion of Afghanistan in 1979 significantly increased tensions between the Soviet Union and the West⁵. This period saw a sharp increase in the perceived risk of nuclear conflict.
- **Impact on Markets**: The geopolitical instability contributed to market volatility and uncertainty, influencing investor behavior and market trends.

#### **Current War Risk**
Today, geopolitical risks remain a significant factor:
- **Russia-Ukraine Conflict**: The ongoing conflict has had substantial economic and market impacts, particularly through its effects on energy prices and global supply chains¹.
- **Global Tensions**: Other geopolitical tensions, such as those involving China and the US, also contribute to market uncertainty.

### **Wave 5 Macro in Elliott Wave Theory**
In both periods, the behavior and psychology of wave 5 in Elliott Wave Theory are influenced by these macroeconomic and geopolitical factors:
- **Late 1970s**: The high inflation and war risk contributed to a speculative mania and market volatility. Wave 5 during this period would have been characterized by heightened emotions, such as greed and fear, driven by economic instability and geopolitical tensions.
- **Current Period**: Similar factors are at play today, with high inflation and geopolitical risks influencing market behavior. Wave 5 in the current context might also see significant divergence between price and momentum indicators, reflecting underlying market instability.Image
What's pretty cool is that in the Late 1970s**: The high inflation and war risk contributed to a speculative mania. Giving the last macro wave 5.

Which is EXACTLY what I think is happening on trad markets and especially in crypto
Ok so if the theory is right, we are in a speculative mania due to wave 5 in trad, thus you go higher on the risk curve, and you go into crypto

Jackpot

But thing is, crypto is now here for years, and is ALSO in last macro wave 5, which is the most speculative one!
Read 8 tweets
Oct 20, 2024
$btc target 249k, 5T mcap

Same mcap target as gold in the 70s

$btc 69k past ath was around 1.2T also
See similarities in charts also Image
I'll let you guess where we currently are here imo
Just in case it wasn't clear where I think we are and how gold 70s and $btc charts are similar

Lazy to make a fractal I'm not on pc Image
Read 9 tweets
Mar 16, 2023
$btc $btcusd

Wyckoff Accumulation 9 months range

FTX was the terminal shakeout and half the market out there is still waiting for a black Swan ¯\_(ツ)_/¯

Thread

1/x Image
Wyckoff Accumulation Schematic
&
Vocabulary used
Image
Was it a Terminal shakeout ? All the parameters of a Spring / Terminal Shakeout are here.

Abrubt movement of breakage that produce a deep penetration of the levels of support and a fast recovery.
ImageImageImage
Read 8 tweets
Jan 12, 2022
$btc $btcusd

Several scenarii I can see from there, each one have valid arguments imo at this point

- 1 year accumulation range / macro Ascending triangle into continuation of bull

- Bull market is already over, thus we look for a lower high next

thread
1/x Image
$btc $btcusd
On 5D, it looks like a nice ascending triangle if we have a local bottom around 40k (with a target around 100k)

Meaning all 2021 would be in fact a huge 1 year re-accumulation.

2/x Image
$btc $btcusd

2021 being a 1 year re-accumulation also would have a valid EW count with this big running flat correction

==> a last macro wave 5 is left in the bull market

3/x Image
Read 7 tweets
Nov 20, 2021
$Ethbtc

Again...

A 2 year Wyckoff accumulation breaking out with a Livermore accumulation cylinder, and now re - accumulating into an ascending triangle / pennant on top of the Livermore.

If you don't like this chart and expect a rally to at least 0.1, IDK what to tell you Image
Read 6 tweets
May 20, 2021
$btc $btcusd #BTCUSD

T
E
R
M SHAKEOUT
I
N
A
L

(1/X) Image
large penetration of support line
sudden increase in volume

Candle that penetrates the zone of liquidity and that returns practically the totality of the move in 1or2 candles

Terminal shakeouts is used to define movements with much deeper penetration and with higher volume

2/X Image
If after the breakout of the lower part of the structure,price fails to stay below(we are currently here)and re-enters the range again,it denotes strong puchase entry and adds greater probability that the breakage is false and that the Spring /terminal shakeout is developping
3/x Image
Read 13 tweets

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