Daily Life Photography πΈ
Daily Life Photography πΈ
Daily Life Photography πΈIn 2018, the Fed was raising interest rates gradually until they reached 2.4% until the end of 2018, the S&P index fell more than 20% during October until December 2018, and the Nasdaq index fell by nearly 25% during the same period, and almost everyone was talking about entering the global markets in the Bear Market For years, inflation rates for the dollar have risen rapidly, and the higher the rates, the Fed tries to pressure the markets more to reduce it,
but do these attempts direct money to the dollar on long periods?
The history of the markets says the opposite, that whenever the pressure on the markets increases as a result of raising interest rates, the money goes to the dollar for a limited period as a result of the fear of falling, and this happened several times, the most recent of which was during 2018 and 2019 and now 2022.
The dollar with the years is in a gradual decline. Keeping the dollar during periods of interest rate hike has one advantage, which is to take advantage of the falling markets to buy at the lowest possible price, so do not let fear control you. The markets drop.
The opportunities for smart money to make wealth are nothing different from the past and history repeats itself The difference in 2022 that Inflation rates were the highest in years, and this is of course the result of the irresponsible printing of the dollar, in addition to the least influential reasons, which they put as the main reason, which are Corona and the closure that accompanied it, which affected supply chains and raised production costs.
This encouraged borrowing and inflated demand for consumption and in return reduced the value of the dollar in front of commodities, which Help reach the inflation rates to these numbers, you may ask that you have money and do not want to invest it in something now, but you want to preserve its value only, if you buy gold, but if you are looking to invest, start, whether in shares or crypto, buying shares of large and promising companies during the periods of discounts As for crypto, Bitcoin is currently the only safe haven.
@TAREQMay 20, 2022
Daily Life Photography πΈ
Daily Life Photography πΈIndicator of fear and greed
It went down 4 times before, below the 10 level, as is clear from the stocks on the chart
It's the fifth time
Twice of them, the price made a final bottom, the bottom of 3200 and the bottom of 3800 (the second and fourth arrow from the north).
And twice, the price made a rebound after them and came back down again (first and third arrows)
Twice the final bottom was the fear indicator preferably in the lower regions and then rises
As for the two rebounds, the fear indicator quickly bounced back up with the price
If we apply what happened to the current situation
It remains if the indicator stays below and then goes up, the price will make a bottom and we will not see these prices again
Which is logical, because at the bottom, fear remains more prevalent for a longer period, with concern of falling more
If this movement happened regardless, what would the price of Bitcoin be?
Then we will have a pattern similar to the previous bottoms
The information was transferred to the Secretariat from Steveβs video on YouTube and was explained with the summary for the benefit
@TareqMay 19, 2022
Daily Life Photography πΈβοΈBTC
Bitcoin reaching 20k is a matter of time, not more β±
the reasons:-
- Breaking the weekly trend by closing down 34,500
-Breaking the 29,600 support last week and reaching the 26K area on BEAR USDT and reaching 24,500 on BUSD
For the first time in the history of Bitcoin, we see 8 red weekly candles
β Currently, the coin is trading at the 29,200 support, which is the last stop before the 20K
The recent global events, such as the Ukraine war and the state of global markets in general, herald further decline, especially with the Fedβs commitment to raise interest rates every 3 months.
All the data, whether technical or fundamental, says that we are still falling
Since the next support is 20k, the next stop is 20k. If a miracle does not happen, the market will raise the current support and break through the weekly trend and close above to return the positivity
This is my view on the current situation
God knowsMay 18, 2022
Daily Life Photography πΈVolume on weekly frame
On the chart 4 candles per week for 4 events of surrender if we count the candle of the past week
Surrender candles are characterized by high volume during a downward wave that exceeds 40%.
We note some important things:
The first thing is that there is some similarity between these events of surrender with the different timing and manner in which they occurred
In terms of shape on the chart, traders sell and wait for less areas
And diffuse forecasts for lower numbers open endlessly down
The overwhelming fear
And the big volume of course for sale coincides with a big drop
The second thing is that the volume of the surrender candle decreases with each subsequent surrender event
But there is an important note here that will pass on 99% of traders
Namely, this volume indicator calculates the number of bitcoins, not the volume in dollars
On this basis, we will find that the value of the volume in dollars in the areas of 30 thousand is higher than 4000
This is due to the price of the Bitcoin itself
When you multiply the number of pieces executed by $30,000, you will find that their dollar value is higher than the previous lows
Although the previous lows were in the 3,000 area, more Bitcoins were executed and this is what the indicator shows
The third thing is that there is a similarity between these two troughs in the 30 thousand area and the previous two troughs in the 3000 area
The first low at 3200 was the capitulation candle with high volume and the next low at 3800 the volume of the candle was slightly lower
The same is true for the 30k candle last year, and the current candle is slightly lower than it
The last thing is that sometimes the surrender candle was the bottom candle, as happened in Dam Corona
And some times it was followed by a lower bottom, such as the bottom of 3200 and the bottom of 29 thousand last year
Therefore, if the candle of the previous week was a surrender candle, it could be the bottom or a slightly lower bottom could be formed
In the end, I am not sure that the candle of the previous week is the final candle of surrender, and we may see a bearish candle stronger than it in the coming weeks.
nobody knows
But there is a possibility that it is the candle that surrenders to this drop and the price begins to rise after a slightly lower bottom or without forming a lower bottom.
This will appear in the coming weeks
@TareqMay 17, 2022
Daily Life Photography πΈAfter Bitcoin broke the last bottom in 2021 and formed a new bottom for this cycle, the picture became more clear that we are still in the stage of forming the bottom, so far there is no confirmation of a positive volume for this candle. For bulls that is the goal of this discussion.
Currently, and as a construction of the chart, it still tends to be negative due to the absence of a driving candle that pushes the price upwards with a good volume, close to the selling volume that took place after breaking the 30 thousand area, but we still maintain the weekly closing above the 30 thousand area and here the anchor,
weekly closing below 30 thousand will target a new bottom at that time.
Or the stage of bottom formation, just as it happened at the end of 2018, we donβt really know if Bitcoin will continue to maintain the rules of the price cycles that it started since 2013, which is not to break the top of the previous cycle. Bitcoin will follow what it did in 2018 after breaking the 6 thousand area with a large volume, the bottom will probably be less than that.
Here we have to make a plan (B) and whether you tend to go down or up and whether you only keep the dollar or the bitcoin or the currencies, you should make a plan for yourself in case the bitcoin goes against your expectations (which bitcoin does in a lot of times), for example if you are with The rise and I was an investor and not a speculator. Try to save a part of the cash to buy in the event of a fall to benefit from it. Historically, any purchase in the golden areas (near the average of 200 weeks) was the most return for investors who buy with the Cost Avrage system, and
for those who tend to the negative side
,make a plan in the event of a reversal Bitcoin is the expected direction for you because it does not make sense to buy from the top in the event that the Bitcoin does not reach the levels you are looking to buy from, as no one can buy from the bottom completely.
@TareqMay 17, 2022
Daily Life Photography πΈ