Hightlight Notes
- đ Insider Trading Tip: Trump advised on buying hours before a tariff pause announcement.
- âł Tariff Pause: A 90-day pause on tariffs led to market rallies, including Bitcoin and S&P 500.
- đ S&P 500 Dynamics: Recently rebounded from 2022 highs, flipping macro resistance into potential support.
- đ Market Comparison: Current dip compared to COVID market fluctuations, with a rapid recovery expected.
- đȘ Bitcoin Support: Bitcoin showed a strong support bounce at the 2024 highs, maintaining an uptrend structure.
- đ Volatility Expectations: Anticipating higher market volatility due to ongoing geopolitical tensions and changes.
- đ Market Cycles: This cycle is projected to be less predictable than the straight upward trend post-2008.
- đ Bear Momentum Weakening: Indicators suggest bears are losing traction, potentially signaling a bullish reversal.
- đ RSI Insights: Weekly RSI is near breaking out of a downtrend, hinting at a new upward momentum.
- đ Continuation Patterns: Current market setup resembles previous breakout patterns, suggesting bullish potential.
- đ Correlation with S&P 500: Bitcoin's price behavior closely follows the S&P 500's direction, rather than percentage changes.
- đ§ Analytical Perspective: Viewing Bitcoin as a generic stock chart helps in making objective trading decisions.
- đ Future Predictions: Expectation of a recovery bounce towards $100K based on Fibonacci retracement levels.
- đ Global Market Impact: Bitcoin's future trajectory will be heavily influenced by global market dynamics.
- đ„ New Historical Indicator: The channel introduced a tool for analyzing historical markets during trade wars.
- đ S&P Chart Analysis: Monthly charts show significant actions, indicating volatility and bounce potential.