Strateš¾ Update - Week 8 | Q1 | 2025
Everything's ready, are you?
The information and insights are based on my knowledge; donāt take it as financial advice.
News
Texas Senate will hold a public hearing on Feb 18 to explore a Bitcoin Reserve.
Senator Lummis suggests adding Bitcoin to reserves, stressing its 24/7 auditability.
Argentinaās opposition moves to impeach Milei over involvement in crypto scam.
Crypto Czar David Sacks hints at major upcoming digital asset announcements.
Aston Martin partners with Coinbase for F1 sponsorship, paid fully in stablecoins.
Abu Dhabiās sovereign wealth fund reveals $436M in Bitcoin ETF holdings.
Wisconsinās State Investment Board reports $321M in Bitcoin ETF investments.
State Street and Citi plan to introduce cryptocurrency custody services.
GameStop is evaluating Bitcoin and other crypto investments.
Fed Chair Powell confirms banks can serve legal crypto businesses.
Trump predicts interest rates will decline as US inflation rises to 3%.
Powell asserts the Fed will not issue a central bank digital currency (CBDC).
Hong Kong now recognizes Bitcoin and Ethereum in its investment visa program; Avenir holds $599M in Bitcoin ETFs.
Grayscale submits a filing for a spot Cardano ($ADA) ETF with the NYSE.
Key Metrics
Current status 100% Winning strategy: šµā> ALL-IN
a weekly candle close below $72k would flash the black signal.
10Y-2Y Yield Spread is well above zero
market top before recession to be expected within 2.0 months
Bitcoin Dominance - Update
Bitcoin has broken its upward trend on the Bitcoin Dominance chart and is currently in the process of retesting it. This retest aligns with a key resistance level marked by the grey Fibonacci area. The current market structure closely resembles the 2021 retest of the previously failed trend that had been in place since 2018.
Once BTC.d starts to fall, alt season will kick off.
So alt season is not cancelled but already delayed by about 60 days when compared to the 2021 rally.