Macro Bitcoin Thesis

13 Mar

This will not be appreciated and who knows if it's right but here's my last macro prediction for the distribution of risk assets.


Curtesy of x/ki_young_ju we have what looks like to be miner selling beginning. ETF inflows are still increasing, though.

x.com/ki_young_ju/status/1767875533243847035?s=20

We have what looks like Bitfinex exiting stage left.
Easy to see when exchanges deviate from the Bitcoin average price we get tops.



Bitcoin Dominance is topping as well. This will be the best time to predict where you are selling your altcoins as they are already popping off, and have much more room to grow from here while Bitcoin stalls.




My idea for the flows of liquidity will be US firms will still want exposure to their Bitcoin through the ETFs but the rest of the world hasn't had the regulatory hurdles the US had, so they will be selling their Bitcoin to the US at top tier prices, causing a top, in my opinion.

The price discovery periods for Bitcoin, although higher in price, will average less in magnitude.

13 Mar

Not

Also, as soon as this crossover occurs I'm gone.

15 Mar

Not

Up 90% in 50 days, spreads are getting wider per exchange, here's targets for this dump.

Did not mean to have LONG on this idea, but neutral. Oh well.

19 Mar

Not

Really going to be interesting to see how high we bounce after hitting 62k

15 Nis

Not

Here's where I'll expect some bouncing.

20 May

Not

20 May

Not

Obvious resistances short term

20 May

Not

6 Haz

Not

16 Haz

Not

Dead, wrong above, but imo we trend higher sooner or later.

16 Haz

Not

20 Haz

Not

HMMMMMMMMMM