Friday, February 12, 2021

#Bitcoin Review $GBTC #BTC

Bitcoin Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Bitcoin's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments



Bitcoin's "struggles" to generate new highs on bullish headlines, adoption of Bitcoin by everyone but the Vatican, has the price followers worried. The majority that can’t see anything but price are worried. ‘Worried’ commentary is circulating around the Internet, as if price was climbing some sort of wall that few can see.

Should we be stepping closer to the cliff, so we might quickly join the lemmings embracing on short term price despair? The Evolution of the Trade (EOT) doesn’t care what the majority believes or sees; it has no idea lemmings exist. The EOT recognizes not only price and time cycles but also the flow of energy (DI). While these concepts often paint a dramatically different investment picture than that embraced by the majority, they more often than not elude the crypto community. Frankly, emotional interpretations are easy to embrace.

What does the EOT say? Bitcoin’s composite trend is R+7. That means it’s composite trend if 7 past a viable RESET. The daily, weekly, and monthly cycles are all below 0, so NOTHING is extended. Apparently, the lack of price or time cycle extension worries the majority. Another way of saying that, is that they have no bloody idea how to read cycles. That’s the inevitable conclusion of all Matrix followers.

With that said, we have learned to respect the power of the majority’s fear and/or greed. If the majority gets spooked, a sharp decline will ensue. A sharp decline accumulated by the invisible hand won’t last long. How do we know the invisible hand is accumulating? We’ll be watching energy or the diffusion index (DI). A rising DI as price decline defines accumulation by the smartest player on the planet. The invisible hand doesn’t care what you, I, what Twitter is saying, or whether or not the right people believe Bitcoin, Etherum, or Dogecoin is the better play. There’s only cycles and energy. Cycles are fine and we’ll get energy later today.

If you’re interested in seperating yourself from the majority, and tire of being pushed around Internet commentary that follows the flavor of the day logic, please consider a subscription to the Matrix. It follows the Adam Smith’s invisible hand. That’s all that matters.

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.