Hightlight Notes
- ๐ Insider Trading Tip: Trump advised on buying hours before a tariff pause announcement.
- โณ Tariff Pause: A 90-day pause on tariffs led to market rallies, including Bitcoin and S&P 500.
- ๐ S&P 500 Dynamics: Recently rebounded from 2022 highs, flipping macro resistance into potential support.
- ๐ Market Comparison: Current dip compared to COVID market fluctuations, with a rapid recovery expected.
- ๐ช Bitcoin Support: Bitcoin showed a strong support bounce at the 2024 highs, maintaining an uptrend structure.
- ๐ Volatility Expectations: Anticipating higher market volatility due to ongoing geopolitical tensions and changes.
- ๐ Market Cycles: This cycle is projected to be less predictable than the straight upward trend post-2008.
- ๐ Bear Momentum Weakening: Indicators suggest bears are losing traction, potentially signaling a bullish reversal.
- ๐ RSI Insights: Weekly RSI is near breaking out of a downtrend, hinting at a new upward momentum.
- ๐ Continuation Patterns: Current market setup resembles previous breakout patterns, suggesting bullish potential.
- ๐ Correlation with S&P 500: Bitcoin's price behavior closely follows the S&P 500's direction, rather than percentage changes.
- ๐ง Analytical Perspective: Viewing Bitcoin as a generic stock chart helps in making objective trading decisions.
- ๐ Future Predictions: Expectation of a recovery bounce towards $100K based on Fibonacci retracement levels.
- ๐ Global Market Impact: Bitcoin's future trajectory will be heavily influenced by global market dynamics.
- ๐ฅ New Historical Indicator: The channel introduced a tool for analyzing historical markets during trade wars.
- ๐ S&P Chart Analysis: Monthly charts show significant actions, indicating volatility and bounce potential.