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@History repeats itself! These are two HUGE correlations between two different assets, decades apart (#BTC & #SP500). Combining these two macro analyzes may give you some answers. MA 50,100,200. @_Hugo_Ramos_ @ToneVays @tradedevils @LynAldenContact @woonomic @saylor @RaoulGMI
Do you see some similarity of SP500 2000-02 to our days? Which situation was economically more worster? Correlation between SP500 and #Bitcoin won't stop at current bear cycle. @_Hugo_Ramos_ @ToneVays @tradedevils #macro #SP500
#BTC Bearish vs Bullish looking patterns: 1)Until 3 months bitcoin will fall for another 50% from this point. 2)Or during the same period of time we have to see bigger raise in price than now and never test the current low. Your choice? @_Hugo_Ramos_ @ToneVays @tradedevils
#Bitcoin looks to hit its low point during few weeks. It similar like copy of all indicators on a Daily TF back in 2018 bearish year. Based on previous macro charts. Doesn't mean it will be easy after a potential low point... @_Hugo_Ramos_ @ToneVays @tradedevils
This time maybe (not) differently. Right now this macro chart shows some target until 15K for #BTC lowest price.
#BTC very low price? I expect the lowest point during a month. We start to play from red circle based on this macro chart. #SP500& #NDX looks to drop more and #Bitcoin gonna correlate too. @_Hugo_Ramos_ @ToneVays @tradedevils
1) New macro vision on #BTC. Right now it's little early to tell, but it depends only on how long Bitcoin will consolidate from this point, cause this bounce not strong enought. And if SP500 also will start to drop from this point. @_Hugo_Ramos_ @ToneVays @tradedevils
They are still correlated with the previous bear market. Keep in mind and be ready for another down in the price of 40-60% in both assets. From 3-4 months, the bottom probably will may reached based on this model. #BTC #ETH @_Hugo_Ramos_ @ToneVays @tradedevils
#Ethereum strong correlate with 2018 bear market. Yellow circle is where probably we are now. The distance to hit the low about 3-4 months. Be ready for another 50-60% of drop in price! @_Hugo_Ramos_ @tradedevils
Welcome to this huge macro buying zone in #Bitcoin ! DB needed. Don't force anything. Can just accumulate. @_Hugo_Ramos_ @ToneVays @tradedevils
Now I looking all charts something like this. (Not yet reversal!) @_Hugo_Ramos_ @ToneVays @tradedevils
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