Bitcoin’s ratio to silver is something worth looking at, if you’re into assets that compound your financial independence: the both represent an asset class outside of direct institutional control. You can self-store the both and transact the both with relative ease through local brokers. Bitcoin/silver ratio is a bit like the more commonly used Bitcoin/gold…
When in doubt, zoom out. Check for relevant pattterns: A head & shoulders confirmed and reaching its target value. Read the basic indicators: RSI, MACD, Stochastic, Ichimoku and Bollinger Bands. Capitulation volume? confirmed. All technicals seem oversold. Check the sentiment.The retail is gone. The institutions? are there any moral or regulatory shocks? Yes. Like towards…
This bullmarket has indeed been a rollercoaster. Instead of a sustained bullrun, we’ve seen a market forming a wonky sideways head and shoulders formation on the Bitcoin chart and a more straight head and shoulders formation on the Ethereum and altcoin market cap charts over the last four years. In bullish markets, a head and…
The gold and silver prices have since 2015 been in a secular bullmarket. Since the structural dip to test the trend in mid-2022, the two precious metals have seen a parabolic trend. This trend has only recently been broken. Q1 saw gold peak around $5600/oz and silver around $120/oz. Secular bullmarkets go through regular re-tests.…