Benjamin owen @tocryptonverse
CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/mfwhpzc6nl... Michigan, USA Joined May 2019-
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#ETH ran the highs in August, and the current pullback should bring ETH back to its 21W EMA. After ETH drops to the 21W EMA, it then should rally to new All Time Highs.
#ETH ran the highs in August, and the current pullback should bring ETH back to its 21W EMA. After ETH drops to the 21W EMA, it then should rally to new All Time Highs. https://t.co/Dy3THu9wZe
#ALT / #ETH pairs literally found their local low the same week that ETH hit an ATH. And during that time, ALT/BTC pairs also went down, and BTC Dominance went up. Basically ALTs are bleeding less than ETH right now. We should see ETH hit its 21W EMA by late September/early…
"Yeah post that. That'll get people to buy our coin"
"Yeah post that. That'll get people to buy our coin"
Just found a use-case for my receding hairline. What is Litecoin's use case again?
Just found a use-case for my receding hairline. What is Litecoin's use case again? https://t.co/TLfeVTLhhE
#BTC running 1 year ROI
The rotation back to #BTC should continue here through September and October. I know dominance still has not really moved much, but it should be back above 60% in the coming weeks
I kept wondering when traders would start thinking about a 50 bps rate cut for September. Not a great chance of it, but now the odds of it happening are not 0%
August Nonfarm Payrolls Actual: 22k Estimated: 75k Prior: 79k
Unemployment rate now at 4.3%
So I guess unemployment rate is 4.3% or higher tomorrow?
So I guess unemployment rate is 4.3% or higher tomorrow?
#Bitcoin Dominance is likely going to rally until early November
Initial Claims Actual: 237k Estimated: 230k Prior: 229k
The number of job openings per unemployed worker (a metric that Powell references a lot) just fell below 1. This means there are now fewer job openings than there are people who are looking for a job. This will almost certainly lock in the rate cut for September.
Job Openings Actual: 7.181M Estimated: 7.4M Prior: 7.437M
Historically, #Bitcoin finds a low in September of the post-halving year, and then bounces off of it into the market cycle top that occurs in Q4.
Translation: Ethereum is going to drop to the 21W EMA and then go to new all time highs
Translation: Ethereum is going to drop to the 21W EMA and then go to new all time highs https://t.co/NZdOiDBplK
Some people seem to think that ALT/ETH pairs going up means BTC.D goes down. But what I am suggesting is that: ALT/ETH pairs go up BUT ALT/BTC pairs bleed So BTC.D goes up while ALT/ETH pairs go up. It's possible that ETH just drops back to the 21W EMA, and during that…
Some people seem to think that ALT/ETH pairs going up means BTC.D goes down. But what I am suggesting is that: ALT/ETH pairs go up BUT ALT/BTC pairs bleed So BTC.D goes up while ALT/ETH pairs go up. It's possible that ETH just drops back to the 21W EMA, and during that…
I think Ethereum will drop to its 21W EMA within the next 4-6 weeks (regardless of what Bitcoin does). After Ethereum hits the 21W EMA, it should then rally to new All Time Highs. I think we are about to witness the final rotation into Bitcoin this market cycle.
Bitcoin made it to the bull market support band a couple of days before September began, but regardless here we are This is where the bulls would like to hold the line. August formed a local high, September will likely form a local low. Note that September 1st was already a…
Bitcoin made it to the bull market support band a couple of days before September began, but regardless here we are This is where the bulls would like to hold the line. August formed a local high, September will likely form a local low. Note that September 1st was already a… https://t.co/ooMbDDdziQ
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