Economic Cycles
2020 Aug Sep Oct BTC price history during last FED Rate Cuts2020 Aug Sep Oct BTC price history during last FED Rate Cuts
A look at the 2020 rate cuts and BTC price action with comparison to NASDAQ
Questions:
What happened to BTC / Crypto the last time FED cut rates?
What happened to the Stock Market the last time FED cut rates?
ABBN - CHF | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
Trend | Time Frame Conductive | Daily Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | 15 Minutes Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.88 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
Possible forecast for BTC (Long-Term Movement)Just simply using fractals of BTC's own movements to map out what looks like a good chance of happening over the next 6 years. Crash in 2030 allowing for a new cycle of investors to jump in? Teasing between 87K and 13K allowing for high volatility and short/long sweeps. Provides room and time for the web3 and alt-coin market to gain momentum, usage, and volume. We will see!
*NOT INVESTMENT ADVICE | FOR ENTERTAINMENT PURPOSES ONLY
The market is impossible to predict. Anything can happen in the next 5 - 6 years. This is the most level-headed and realistic forecast IMO.
What do y'all think? :)
Comment your thoughts!
GOLD TO REVERT TO ITS MEAN AFTER STRUGGLING TO MAKE NEW HIGHS!XAUUSD is struggling to make new swing high, but making new lows. A possible pullback above 2510 with rejection likely to cause price dip below 2480.
N.B!
- XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#gold
#xauusd
Long trade
Wed 28th Aug 24
12.00 pm
LND to NY Session PM
Buyside trade idea
Entry 4HT TF
Entry Level: 140.72
Profit Level: 165.62 (17.69%)
Stop Level: 139.61 (0.79%)
Risk-Reward (RR) Ratio: 22.43
This setup is highly ambitious, with a large profit target relative to the entry and a tight stop loss, resulting in an extremely high risk-reward ratio of 22.43.
ETH 2400 - 2000So ETH broke down. Send it lower.
Found some interesting areas of interest using the OHL (open, high, low) this year and previous years.
There is a strong interest zone between 2400 and 2000. Found lots of confluence.
Yearly open marked by red line with the yearly highs and lows marked in black.
1. Yearly open at 2282
2. Yearly low at 2095
3. 2023 yearly high at 2447
4. April 2023 high point (orange arrow) similar point to the yearly low at 2095
5. Price coming below the 200d MA and 52W ma
6. Aug - Oct timeframe seasonality
7. Similar chart setup as last year
I'm not an ETH bull anymore but I think this chart here shows a good longer term setup. The 4th year in the cycle is typically the strongest and I expect this time to NOT be different.
Can also see how the 2022 yearly high and open at 3800 act as strong resistance thus far in 2024.
They're really gonna let us run it back again muahaha.
BITCOIN - Analyzing previous Bitcoin cycles combined with DataIf you look at the monthly chart of Bitcoin and examine the three previous cycles in crypto, you can see where we currently stand. This doesn’t guarantee that we’ll go up from here, but it does show that the chart often follows a similar pattern every cycle.
Price movements are a universal phenomenon seen across all charts in various sectors, not just crypto. Often, you’ll notice an asset testing its all-time high (ATH) and then taking a “breath.” After that, the asset typically moves beyond its ATH and embarks on a bullish journey.
The market tends to become more greedy once it surpasses the ATH because it means everyone in the market is in profit. Of course, it depends on what you bought, but the principle remains the same.
I see a lot of people worried about where we’re headed next. Nothing is for certain, but stop reading the news and worrying about recessions. England and Germany are currently in recessions and have just broken their ATHs. Recessions have nothing to do with price action.
Many are also concerned that the markets will crash once the rate cut season starts, which is highly likely to occur in September. However, historical data suggests otherwise. If you look back 70 years, the S&P 500 has averaged an 11% return one year after the first rate cut.
By using data and following cycles, like the one below and the 18.6-year real estate and economic cycle, it becomes much easier to handle the drawdowns and negativity you hear around you.
Using Fibonacci retracement, I believe we could see a top for Bitcoin around $150-200K before the next bear market.
Long trade
London AM session:
Trade Type: Buy-side
Timeframe: 1-minute
Entry Level: 2519.734
Profit Level: 2524.656 (0.20% above entry)
Stop Level: 2520.119 (0.06% above entry)
Risk-Reward (RR) Ratio: 3.04
This setup involves a short-term buy trade with a modest profit target and a tight stop loss, resulting in a solid risk-reward ratio of 3.04.