Bitcoin - RVGI indicator❌cross just occurred🔵🚨👀The RVGI indicator❌cross just occurred🔵🚨🚨🚨👀
Look at the great entry points🟢for Bitcoin when these crosses❌occurred in the past on the US10Y-US02Y chart dear BTC and Crypto Nation💥🚀😎
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Economy
S&P 500 Daily Chart Analysis For Week of February 3, 2023Technical Analysis and Outlook
Spooz hit our target Outer Index Rally 4140 and beyond. The development of the Key Res $4180 is in progress. The bullish market sentiment is intact. The pullbacks with this ongoing rally are expected to target the newly created Mean Sup 4060, and possibly an extension to the crime scene Mean Sup 4015.
EUR/USD Daily Chart Analysis For Week of February 3, 2023Technical Analysis and Outlook:
The Eurodollar pivoted from completing our newly created Mean Res 1.099 and is returning to the crime scene of Mean Sup 1.078 with possible additional downward movement to Mean Sup 1.070 - dead cat rebound is expected.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Feb 3, 2023Technical Analysis and Outlook:
Bitcoin extended a progressive rebound to a new Mean Res $24,000 - with the expectation of a pullback to the Mean Sup $22,500 and, possibly, an extension to Mean Sup $21,500. Once this puppy flushes out weak-longs, resumption to retest the Mean Res $24,000 and the Key Res $24,500 is imminent with a rally all the way to the Outer Coin Rally of $26,000.
Black Swan Event: The Biggest Crypto Market Risk!In today’s article, we will be discussing a risk known as Black Swan Event. Now what is the Black Swan and why it is considered as the most unexpected event in the course of any economic crisis is the greater factor to be discussed.
The most unexpected event that has the maximum possibility to occur in the market is called Black Swan, this term was first coined by NYU professor and economist Nassim Nicholas Taleb.
The main attributes that shape the possibilities of Black Swan events:
Unpredictability
Potential Severities
Widespread impact
According to Taleb:
A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.
They are impossible to predict due to their extreme rarity, yet have catastrophic consequences, it is important for people to always assume a black swan event is a possibility, whatever it may be, and to try to plan accordingly.
Some believe that diversification may offer some protection when a black swan event does occur.
Black swan events are characterized by their extreme rarity, severe impact, and the widespread insistence they were obvious in hindsight.
Extrapolating, using statistics based on observations of past events is not helpful for predicting black swans, and might even make us more vulnerable to them.
The last key aspect of a black swan is that as a historically important event, observers are keen to explain it after the fact and speculate as to how it could have been predicted. Such retrospective speculation, however, does not actually help to predict future black swans as these can be anything from a credit crisis to a war.
What is the impact on Institutional markets?
We know that somehow, we can use normal factors of prediction and probability over mass numbers of people like the result predicting based on Normal distribution curve, for such things, even the extrapolation method is not working.
Hence Black Swan can take the market in any form that is not predefined, that can attack a market with several forms like crashing of prices and regulatory risk of digital exchanges.
What are the two different types of Black Swan risk?
Black Swan occurs within two types one is the positive impact and another one is a negative impact, now the inability to predict the accurate possibilities is the driving force behind the execution of the Black Swan event.
Any clampdown on the trading of cryptocurrencies and other digital money can directly crash the prices of other currencies.
The crackdown of Cryptocurrency exchanges by any third parties or other factors can also be counted as the Black Swan effect, many particular exogenous events can be forced to occur like:
Inverse Volatility
The crackdown of Crypto exchanges
Regulatory risk of Crypto exchanges
Low liquidity and low trading volume
Having said that, 2022 has been the year of the “Black Swan” throughout the world of cryptocurrency. From the fall of LUNA to the insolvency of 3AC, Celsius, FTX and now BlockFi, the market has taken major hits in value and credibility. Each one of these events seemingly was viewed as a once in a lifetime event.
To sum up, the Black Swan event is described in the following summarized manner:
This event is so rare that it has many unknown possibilities occurring suddenly.
Also, the impact is so huge that it can have a catastrophic effect.
The hindsight conclusion if the prediction comes as true.
Conclusion
At last, one could conclude that many events could turn into a Black Swan in crypto trading such as, Network Congestion where everyone is rushing to have Ethereum and it subsequently raises the price of gas.
In this case, when Black Swan occurs, the problem increases tenfold times and also this affects the liquidation process and also low-value transfers can simply attack the blockchain system.
If you liked it, make sure to support with a like, follow and a comment!
Best Regards, CryptoQueens.
Bitcoin & Consumer Confidence Index by University of Michigan⚫️Update:
US Consumer Confidence Index by University of Michigan⚫️
Index with a bear channel breakout on the way up - needs to be confirmed above 65.2 dear Bitcoin and Crypto Nation 🚨🚨🚨
Exciting to see if a BTC🟠 #bullish run begins afterwards
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Disclaimer:
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Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
How to Reduce Inflation in South Africa in 2023! - 5 WAYS!How to Reduce Inflation in South Africa in 2023! - 5 WAYS!
I got this excellent question today from someone Which I thought was an important question to answer considering the state of the Country of South Africa.
Hi everyone. In SA I always wonder how an ordinary person "employed or not" can contribute to bring positive change to our inflation?
A. Here is my answer...
As an economist, I can say in theory it is possible to bring positive change to the inflation rates but in reality – with corruption – I’m not sure it’s that easy.
Also, it’s the butterfly effect where we need to come together as a community (country) to work towards lowering inflation.
So on the one hand, there needs to be less spending unfortunately. Here are a few measures I can think of…
#1. Lower non-essential spending.
People need to stop spending unnecessarily on products and services and instead start saving more for their future. This will hamper and reduce the impact of inflation.
#2: Support your local places!
This world is becoming highly globalised not only where the rich get richer but the TOP stores and shops get richer too.
As a community, we need to start supporting the local businesses that have great quality products and services to.
We need to be more friendly to each other and help spread awareness to the small but great man.
This will help stimulate the local economy and bring on more job creation and economic growth.
#3: More investments in education
Education is key to help bring personal development and skills training. We need to educate our fellow people on business skills, high income skills, programming, AI, machine learning, savings, risk averse investments and encourage more businesses to help grow.
#4: Save more to invest more
When inflation is high it means people were spending uncontrollably which pushed up demand and lowered supply. Instead, we should encourage more savings in stocks, property, trading, funds, and personal finances to reduce the effects of inflation.
Instead of drinking sorrows away, spending on games to bide time – focus on less spending and more saving for the future – reducing the debt levels.
#5: Invest in renewable energy
Load Shedding is here to stay. And so we need to try to support more renewable energy initiatives that come about. Solar, wind and gas. This will definitely help reduce the cost of energy and curb inflation.
As I said, we can only do our part and hope for the best. We are a nation with hope, optimism and trust. But instead of just trusting the government we should also learn to support and trust our local businesses and methods to living a better life.
Hope that helps.
A major bull trap has been set.The current level of euphoria and speculation on Wall Street is likely to go down in history in the same way that the misplaced optimism of speculators in 1929 was immortalized by the tremendous crash and ensuing depression. The current dynamics at play are more similar to that period than most realize.
Many potential catalysts for the Global Financial Crisis 2.0 are beginning to rear their heads, including things such as:
-The auto loan bubble
-The residential & commercial real estate bubble
-The private equity and venture capital bubble
-The largest losses in the total bond market in generations
-Highest level of Federal Debt to GDP in US history and extremely high level of consumer & corporate debt in US history
-The most overvalued market based on forward earnings in history (Based on my expectations of S&P 2023 earnings will fall below 140). Peak margins above -13% coming back under 10% will also help to drive this.
-The fastest pace of interest rate hikes since Paul Volcker and $90 billion of quantitative tightening per month.
-The crypto bubble implosion where many exchanges are likely to fail due to their ponzi-like staking dynamics and unprofitable nature of exchanges like Coinbase. We are starting to see the beginnings of the financial contagion from FTX into other exchanges and coins. This is happening in an industry valued at over $3 trillion at its peak.
-The Chinese real estate crisis and recession
-The energy crisis which has curtailed over 20% of EU industrial capacity and is sending Europe into a recession. This is leading to increased energy costs around the world.
-Looming sovereign debt crises & currency crises for emerging and certain developed economies.
- Monetary growth is contracting at the highest pace since the Great Depression.
The $1.6 trillion auto loan bubble is reminiscent of the subprime lending bubble. There were incredibly loose lending standards in this auto loan bubble, where people that received federal stimulus checks were able to claim these as income. This entitled them to larger sized loans than they would have otherwise had access too. Many of these loans were made at over 130% loan to value ratio. These loans have been packaged up as bonds and sold off to investors hungry in search for yield in a world of artificially low interest rates, suppressed by the Fed for the better part of 14 years since the Global Financial Crisis. The amount of delinquent auto loans has continued to increase, and the looming crisis represents a huge threat to financial stability. As real wages and employment continue to fall, the amount of delinquent loans will continue to rise.
Earnings for the S&P 500 in Q3 have already started to contract more than 5% year over year (excluding energy) and yet many analysts still expect some, to no growth of earnings in 2023. Earnings are likely to collapse over 40% in 2023, pressured by falling consumer demand and falling operating margins. Consumer sentiment registered the worst sentiment among US consumers since the great depression.
All of the Fed manufacturing and service data components show comparable data now to data being released in mid 2008 to the spring of 2009, all with continuously negative trends. Capital expenditures have begun decreasing and mass layoffs are just beginning. 37% of US small businesses could not pay their rent in full in October. Many companies will be forced to close their doors permanently and layoff their entire staff. Consumption began to fall rapidly after the Fed began quantitative tightening and ended quantitative easing. The effects finally began hitting company earnings largely in Q3, with much more pain to follow. Meanwhile, many companies continued to hire large amounts of people unaware that consumption would continue to collapse. As asset prices fall further and inflation stays elevated, real wages will continue falling.
Student loan payments begin again at the start of 2023, further harming consumer sentiment.
Money supply growth began stagnating early in the year in 1929 and the federal government began to tighten spending with the New Deal programs in 1936 before the crash happened in 1937. Bank balance sheets have been flat for 2022 while the central bank balance sheet has been contracting leading to a slight contraction in the money supply. The contracting growth of monetary supply and fast paced increases in interest rates will lead to a large-scale downturn in GDP. On a technical basis, the current market setup looks very similar to 1929, 1937, 1973-1974, 1987, and 2008. All of which had major rallies that topped in late summer / fall before crashing over 30%. All of these crashes took place over the span of less than 3 months, with the majority of the percentage decline occurring over a period of 2-3 weeks.
There are dozens of companies that are virtually guaranteed to go bust in this downturn based on an overview of their financials. There have never been so many listed companies that reached valuations in the billions at their peak with no earnings . Many companies at the time of this writing still have valuations of over 6 times sales and many companies such as Coinbase, Uber, and Rivian are still valued at over $10 billion market caps whilst losing hundreds of millions of dollars per quarter. The dozens of zombie companies in the S&P 500 are being forced into rolling their debts at higher interest rates while their earnings fall. This will be the largest debt deleveraging cycle in the US economy since the great depression, because this is the largest accumulation of bad debts since the roaring twenties.
It is not long until the credit risk is truly realized by market participants, and interest rates spike throughout the economy. This would include the inter-bank lending rate and junk rated bonds which would lead to a financial crisis. The longer the Fed’s quantitative tightening runs, the more inevitable the financial crisis becomes. The Fed ran the balance sheet down around $600 billion over the course of 2018 into late summer of 2019 before inter-bank lending rates started to spike. This time, the Fed has run the balance sheet down close to $300 billion so far with a plan of reaching over a $600 billion runoff in Q1 of 2023.
The hopes for a Fed pivot are misplaced. A Fed pivot on interest rate hikes and even a reversal of the rate hikes cannot re-incentivize people to borrow . In a contracting credit cycle and business cycle downturn, debt begins to be paid off and defaulted on rather than excessively accumulated. The demand to borrow collapses even if interest rates were lowered by the Fed. Therefore, bear markets and recessions usually don’t end until many months after the Fed has already begun cutting interest rates. This was seen in the Great Recession and the dot com bubble of 2000; where the market didn’t bottom until over 18 months after the Fed began cutting rates.
Copper is Screaming! Are you listening?Why is Copper so important to track and what can we learn from studying its price action. Copper simply put is the most used base metal in the world and really powers every aspect of world. Doctor Copper is telling us something.
Copper has had an impeccable rally of the lows, this has been confirmed with the major rally in copper mining stocks.
In this chart we have overlayed the inflation rate in orange with the price action in copper.
The inflation rate has a delayed reaction based off of the price action in Copper.
What we can observe recently is the price of copper topping 112 days before the inflation rate. Copper had a significant decline which was followed by a decline in peak inflation.
Over the last 148 days, Copper has rallied 38%. Could this mean that we are about to see a delayed spike in the inflation reading?
S&P 500 Daily Chart Analysis For Week of January 27, 2023Technical Analysis and Outlook
Spooz continuously displays a bullish influence on the current market sentiment, with the upside trend hitting our targets Mean Res 4085 and continuous driving momentum to Outer Index Rally 4140. The pullbacks with this ongoing rally are expected to target Mean Sup 4015 and possibly extension to Mean Sup 3970.
EUR/USD Daily Chart Analysis For Week of January 27, 2023Technical Analysis and Outlook:
The currency pivoted about our newly created Key Res 1.091 and is heading down to Mean Sup 1.078 with possible additional buster energy to Mean Sup 1.070 before reigniting upward action to the Outer Currency Rally $1.110 in the near future.
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Jan 27, 2023Technical Analysis and Outlook:
The coin hoovered under our completed with conformation Outer Coin Rally of $23,300 throughout the week - expect a pullback to the newly created Mean Sup $22,500 and, as a bonus, Mean Sup $21,500. Once this puppy flushes out weak-longs, resumption to retest the Outer Coin Rally of $23,300 and $26,000 is inevitable.
PERSONAL SAVING RATE RUNNING ON EMPTYThis chart shows that personal saving is at the lowest in US Record . TIC TIC TIC BOOM NO SAVINGS RECORD HIGH RATES ON CREDIT CARD . AND CONSUMER SPENDING AT A RECORD HIGH . . ONCE UNEMPLOYMENT TICKS UP I WANT TO PUT THIS OUT THERE THEREIS ONLY TWO THINGS THAT CAN HAPPEN 1 PUT CASH DIRECT INTO THE ACCOUNT =INFLATION OR CONSUMER CREDIT DEFAULTS START Auto repossessions at a rate of 15,000 a month . or a 3th way debt forgiveness, The MACRO Picture over the next 18months, is NOT good Civil Unrest , homelessness.
The end of the bear marketSPX has been in an descending broadening triangle, which is generally seen as a bullish pattern. Now that the S&P has pivoted off a double bottom, and had a gap up, which generally confirms a trend, there is enormous upside on the S&P 500. This is in addition to CPI dropping yesterday, which shows that the FED can finally pivot, giving stocks a massive upside.
I'm trading this by going long on undervalued stocks in the s&p500
Dollar gain strength again SA randUSDZAR gained momentum in pushing to the upside since South africa had a negative impact on the economy due to the poper supply issue. We our first price target from last week was that price would hit 17.50 but now that it has made multiple breakout on certain levels we looking forward for the price to head around 17.70.
We see a very clear price has reached the RS ZONE on 1H TM and 4H TM.
We take longs just after few countable minutes from market open.
Most preferable time will be 01h15 am +2 GTM Johannesburg time zone.
Imagine there's a bottom in my mind.Hello and nice Sunday.
Today, I am delivering chart on 4 hour candles on Log scale.
This chart is same as previous, with light re-edit to better fit.
We can confirm, previous chart is playing nice to these days.
While some upside is possible, I won't trying to catch next 5%, if downside risk is much bigger.
...And 3 million Bitcoins was actually shorted around 20500 USD area. I thought, it will be temporary surpassed and leading to red ring test. On local Fibo is 618 , with target at 382 retracement.
In my chart we can see also 21 Weekly MA and it will be tested for support which won't hold too long. Probably break down in panic sells..
That is sign of BTC is at "Anger" phase of bear market, based on Wall Street cheat sheet.
Pros is maybe my personal buy zone would be very near and even real bottom area. There is green ring and long-term yearly rising support (blue line).
I can't say this chart will play out perfectly, especially if some sideways extends timing. However this is what I believe and I always try to stick to my opinions.
Always with care and ready,
Emvo.
*This is not any financial advice.