Bitcoin as a dollar hedge

25 בנוב׳ 2021

Circa 1988 the Economist predicts the demise of fiat currency with a new currency rising as a phoenix circa 2018

Circa '96 the NSA publishes a paper on cryptos

2009 out of the ashes of the GFC, bitcoin arises...

Bitcoin is the ultimate risk-on asset

And only does well in dollar bear phases

What happens next is all about King Dollar...

Disclaimer: this post is for information only; nothing here represents advice

Chart: dollar bull phases marked- pitchforks off major pivots used on the btc chart

TDLR:
dollar ded = bitcoin to infinity
dollar not ded = btc ded

27 בנוב׳ 2021

הערה

ACTION | REACTION
Market Geometry
Select three major pivots high-low-high or low-high-low
A, B, C
The median line as per Dr. Alan Andrews is the bisector of BC from A
80% of time price comes back the median line, which is a potential reversal point; or a push through the median line can come with additional momentum

14 בדצמ׳ 2021

הערה