The information and insights are based on my knowledge; don’t take it as financial advice.
Summary
Bitcoin nearing ATH: the built-up tension is starting to unwind!
Altcoin market cap confirmed breakout; BTC dominance breaks down.
Dollar in a strong downtrend, prints lower high.
Stocks most likely topped out, pre-recession dead-cat move into Fib Resistance.
Key Metrics
Current status 100% Winning strategy: 🔵—> ALL-IN
a weekly candle close below $79k would flash the black signal.
10Y-2Y Yield Spread is well above zero
market top before recession has been printed.
Economic Calendar
May 13th, 12:30 UTC: Core CPI MoM/YoY
The Core CPI YoY is more stable and less noisy than the MoM figure. It is often the market-moving data point that shapes Fed policy expectations until PCE is released later in the month.
May 15th, 12:30 UTC: Core PPI MoM/YoY
If CPI is already high, a hot PPI can stoke fears of persistent inflation. If CPI is cooling, but PPI comes in hot, it can undermine confidence in inflation falling.
May 30th, 14:30 UTC: PCE Inflation YoY
The Fed’s preferred inflation gauge.
Content
BITCOIN
ALTCOINS
STOCKS
FOREX
SUPERMACRO CONTEXT (BTC/STOCKS/FOREX)