CryptoPrincessYt

Each to their own - no one is responsible for anyone else’s portfolio! For me, I don’t think the bear market is over. I’ve not even started to DCA in 🤷🏻‍♀️ Join me on Tuesday for my next TA live stream. Red line - 200-D SMA Blue line - 200-W SMA White line - Realised price

Austrian Economics: Why Bitcoin Exists Why many Bitcoiners are often Austrian economists without even knowing it Date: 14th May Time: 15:45 BST 10:45 EDT 07:45 PDT 16:45 CEST 18:45 GST Link: #Bitcoin #AustrianEconomics #SoundMoney

Moving averages across timeframes: Daily → current trend & momentum Weekly → market structure Monthly → cycle structure Daily charts show what price is doing now. Weekly charts help assess market structure. Monthly charts help identify where we are in the overall cycle.

Good morning ladies and gentlemen 🌺🌸🌺 🎀 Enjoy the weekend 🎀

Off-chain data comes from outside the blockchain. It can be changed, manipulated, & influenced. It’s sourced from many areas such as exchanges, social media, governments, companies, etc… It shows price action, narratives, sentiment, & macro conditions driving the market.

Thread: Don’t just look at the price. On-chain data comes directly from the blockchain. It can’t easily be tampered or manipulated. Most people overlook it because it’s hard to understand. It’s a powerful tool. I do regular livestreams on it. ⬇️ Off-chain data ⬇️

I cover both on-chain & off-chain data because they give a more complete look at the market and an edge most people don’t have. Feel free to join the telegram and discord groups and subscribe to the YouTube channel:

Collab on Adoption in Africa with Crypto Princess

China is showing strong recovery. The CSI 300 has pushed above key resistance, but the breakout still needs confirmation. Unlike the S&P 500, China remains below its 2007 ATH. Main drivers: • manufacturing • exports • infrastructure • state investment • tech/consumption

The MOEX Russia Index remains below its ATH (2021) & is showing a weakening structure making lower highs, with weaker price action compared to the S&P 500 & China’s CSI 300. Russia’s market remains heavily influenced by: • energy • commodities • geopolitics • sanctions

Thread The S&P 500 has reclaimed key resistance and pushed into fresh highs after correcting nearly 10% in Q1. The US rally is being driven heavily by: 🌸AI/tech 🌸Mega-cap companies 🌸Global capital flows 🌸ETF/passive investment flows 🌸Expectations around liquidity/rates

6) None of this guarantees Bitcoin must repeat history. Historically, reclaiming the 200-day SMA during bear markets has often been difficult, & failed attempts have led to deeper downside. Invalidation: a clean reclaim & hold above the 200-day SMA.

3) 2020 COVID crash During the 2020 COVID crash, Bitcoin briefly reclaimed above the 200-day SMA after initially losing it. However, the move failed and BTC still went on to fall roughly 55% into the crash low. This shows that even a reclaim needs confirmation.

4) 2018 bear market In the 2018 bear market, once Bitcoin lost the 200-day SMA, it attempted multiple times to reclaim it but failed each time. From the first failed reclaim attempt, Bitcoin went on to fall around 66% into the bear market bottom.

2) 2022 bear market In 2022, once Bitcoin lost the 200-day SMA, it didn't break above until it after the bottom was in. From the first rejection at the 200-day SMA, Bitcoin fell roughly 66% to the bear market bottom.

5) 2014 bear market In the 2014 bear market, Bitcoin briefly broke back above the 200-day SMA twice. But both moves failed and BTC still slipped deeper into the bear market. From the first break back above the 200-day SMA to the bear market bottom, Bitcoin fell roughly 78%.

Historical TA Thread: 1) Current market Yesterday, Bitcoin was rejected from the 200-day SMA. It is too early to say whether BTC is heading deeper into a bear market, or whether price can reclaim the 200-day SMA. Here's some historical context on possible outcomes.

2) 2022 bear market In 2022, once Bitcoin lost the 200-day SMA, it didn't break above until it after the bottom was in. From the first rejection at the 200-day SMA, Bitcoin fell roughly 66% to the bear market bottom.

Heatmaps: 3D (near liquidity), 2W (wider timeframe).

Thread: BTC is testing the 0.618 (golden ratio) level while also approaching the major 200-day SMA resistance zone. Volume remains low. Unless we have some strong bullish news, this could be near the end of the rally. Liquidity sits below price. Heatmaps: 3D & 2W below.