NUGGETS OF ALPHA
BTC is trending towards its first weekly Golden Cross that could hit January 8th
2023 YTD gains in BTC of 130% is the highest experienced in four years
72% of Bitcoin has not moved in over one year; if big money enters, the price will skyrocket
Global liquidity continues to spike up and is headed to the $100T level
Crypto stablecoins have become a significant purchaser of U.S. debt
The 10-year T-note is now below the 100-day trendline, indicating lower rates
Nvidia’s CEO believes chip makers are at least ten years from the independence of China’s supply chain
Americans dramatically slowed their spending in October, and inflation cooled
Gen Z and Millennials are going delinquent, as many are paying 29% interest rates
All of the information we do at IA is based on data. And we do it to help you make better decisions that are data-driven.
Today's lesson was inspired by Bitcoin's first weekly golden cross ever. This means that the 200-week, the green line on the chart, will be crossed by the 50-week, the yellow line. The last time BTC hit a death cross on the weekly, the price went up, indicating how reliable this signal can be.
What is interesting is the date that this is happening.
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