Don’t listen to what they are ALL saying !!! The data tells the real story of devastating recession coming in 2025. Risk assets will get HAMMERED IMO. So watch out below #Crypto and #BTC enthusiasts 😧

Recent #Inflation rises explain #FED interest rates holding. Week Ahead - Feb 10th US Wholesale Inventories Fall as Expected US Consumer Sentiment Falls, Inflation Expectations Soar US Year-Ahead Inflation Expectations Up to Over 1-Year High ALL EYES ON CPI tomorrow

Despite mild Bullishness in the market, it is looking more likely that we will see a final leg down to complete the correction here in #SOL but also across much of the #Crypto market We also have Hidden Bearish Divergence in place for $SOL indication a likely continuation lower

@Renegade197000 Wicks dont need to fill. Although it's not possible to say whether this correction may have a little lower to go. If it does drop lower then its just a further DCA opportunity imo

$Crypto appears range bound and so we need external stimulus to move prices. Wednesday we have important #CPI #Inflation data due. As always it is expectations that matter and a miss either higher or lower will impact risk asset prices #BTC #Crypto etc.

Instead of ABC the #SPX has around 50% probability of being a leading diagonal.

@KenKaneki_Otaku Your Logarithmic chart actually agrees perfectly. I just focussed on the cycle from the FTX low whereas yours from 2012. In many ways your's is cleaner as it avoids a leading diagonal interpretation. Powerful Bearish Divergence of BOTH charts. Could be heading for bloodbath

Sometimes one assets chart is clearer than another, so if we can identify a correlation then we are better equipped to predict prices of the other asset. #Nasdaq and S&P show +ve correlation with #BTC so the likelihood of -ve #SPX translates to weaker #BTC expectation before up^

@D2TK No

@BrazilianNut00 One of the more accurate indicators imo. It is called a leading indicator although strictly speaking it isn’t but I have found it highly predictive

#Dollar rocketing higher as Unemployment comes in lower than expected AND hourly earnings increase more than expected. Both inflationary and may prevent FED from cutting rates. #DXY not particularly decisive though as that hammer candle is morphing into a doji

@hessesian @ThuHoang1029893 Yes I believe we should see a powerful upside push soon

I noticed that the #YEN has been appreciating sharply in recent days and this morning we had data indicating that household spending has increased dramatically. It looks as though more #InterestRate hikes will be coming and at some point this will hurt the #CarryTrade and cause further selloff in Risk Assets #BTC etc

#NFPs are an important employment number out of the US today. They are expected sharply lower which would awaken worries about a slowing economy and spark #InterestRate cut speculation. Depending on the severity of the numbers will impact Risk assets like #BTC so will should watch eagerly

I don't look at other Elliott Wavers at all. The good thing about EW is that it's rules driven. Its just about learning and applying the rules correctly although experience comes when you need to decide the probabilities of the various ourcomes as there is usually more than one possibility

@scott73187192 I will take a look at #ADA but I cannot think of any reason why #ETH would reach it’s previous ATH It’s use is diminishing every day