#Bitcoin | Investor | Trader | Technical Analyst | In #Cryptos since 2017.
Jan 8, 2023 • 7 tweets • 5 min read
#Dollar Considerations & how it could impact risk-on assets such as #Bitcoin & #SP500 in 2023.
This past week I've seen a lot of calls expecting a #DXY bounce/rally for the upcoming weeks & months.
I'd like to share another perspective.
A thread 🧵 1/ Let's start with a #DXY analysis on the 6 months chart.
As you can see, we couldn't have had a more text book shooting star candlestick close than we've just had in December 2022.
It indicates a potential price top & reversal.
Not to mention its significance as it's on HTF.
Jun 6, 2022 • 11 tweets • 7 min read
Market sentiment and #Bitcoin Fear & Greed Index considerations. A lot of misconceptions.
We all know Warren Buffett’s famous quote :
"Be fearful when others are greedy, and greedy when others are fearful."
Let's take a dive into this. #Bitcoin 🧵
👇1/11
2/11
What is F&G exactly?
It’s a multifactorial crypto market sentiment analysis.
It shows how people are feeling towards #Bitcoin at any given time.
As market usually moves against the majority’s sentiment, market’s sentiment can be considered as a contrarian indicator.
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May 8, 2022 • 6 tweets • 2 min read
1/6 I'm seeing a lot of new people entering the space, saying that :
- They're bullish long term and bearish short term.
- They're more than happy to be able to DCA at lower prices 30k, 28k, 24k, 20k,17k etc.
- They would sell their houses & organs to buy BTC at these prices.
2/6 Saying that:
- They will be buying the fear cause it's where money is made.
- Bitcoin is the future of money & believe in the blockchain technology.
- They’re into NFTs & Metaverse.
- Bear market is for DEFI staking & farming until next bull run.
