tldr; Crypto analyst TechDev suggests Bitcoin may be nearing a major rally as two macroeconomic indicators flash bullish signals. The copper-to-gold ratio, a proxy for economic risk appetite, is trending upward, historically preceding Bitcoin bull markets. Additionally, global M2 money supply has shifted to positive annual growth, a pattern that has preceded Bitcoin’s parabolic phases by 6–10 months. These factors indicate a potential upward cycle for Bitcoin in the near future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
justletmesignupalre on
Ah yes, technical analysis in a time in which fundamentals (news about the economy and war) are changing every day. This shall be useful.
partymsl on
Sooooooo…. basically „maybe yes, maybe no“
felya on
Brokies everywhere with a glimmer of hope before plunging further into poverty
kaliki07 on
So we are going down, got it!
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tldr; Crypto analyst TechDev suggests Bitcoin may be nearing a major rally as two macroeconomic indicators flash bullish signals. The copper-to-gold ratio, a proxy for economic risk appetite, is trending upward, historically preceding Bitcoin bull markets. Additionally, global M2 money supply has shifted to positive annual growth, a pattern that has preceded Bitcoin’s parabolic phases by 6–10 months. These factors indicate a potential upward cycle for Bitcoin in the near future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Ah yes, technical analysis in a time in which fundamentals (news about the economy and war) are changing every day. This shall be useful.
Sooooooo…. basically „maybe yes, maybe no“
Brokies everywhere with a glimmer of hope before plunging further into poverty
So we are going down, got it!