Sunday 25th May 2025
Well what a month for BTC.
Dominance has remained strong remaining above 64% month to date.
The DXY has been losing strength which has been helping BTC's case.
Record BTC ETF inflows going into BTC recently.
Trump making deals in the Middle East.
BTC is still in s trong stance and it is looking like it is coiling up for the top. Whether that is a grind up through the Northern Summer, or a choppy North Summer and then spike up into September October and a double top forming before the decline into the bear, who knows.
But overall it is bullish.
It is risk on, as Gold also cools off with sideways action, not so much a major pull back as yet.
US Stocks are looking strong also in a bullish stance on the indices.
Strictly with BTC we have officially hit a new All Time High of $111,965 with some exchanges breaking the $112k USD mark.
Will all this bullish action, we are looking for a pull back of some sort. A cool off soon would be very healthy for the market.
The cycle timing is indicating a 60 day low occuring in or around Friday 6th June 2025, plus or minus few days.
We could see a shallow dip to the low $100k's / high $90k's.
We have FOMO level of $98,501 at the 50% Fib.
OTE long zone sweet spot between $95,370 (61.8%) and $90,913 (78.6%).
And the back the truck up level at $88,367 (88.2%).
The bodies of the yellow candles are price zones may need to be filled, so would make good retracement entry points.
Also to support the pullback / cool off, VZO/PZO is in overbought territory.
Bear divergences in the double ribbon, Fisher, Squeeze Momentum and Commodity Channel Index.
The Bollinger Bands are Squeezing which is a sign of coming volatility or consolidation (not shown).
We are on a TD7, so two more days to perfect the TD9 count and another possible 1 to 4 days of upside, so we could still see positive price action up until Saturday 31st May to close out the month.
The a dip and grind up the the next 60 day cycle top which may occur in or around the 21st July give or take a few.
In the news, ETF's see 4.5 x growth as there has been $2.75 Billion USD in inflows in the past week.
Let's see how the week and month closes out for a better picture.
Happy Trading Crypto Pirates.
Peace out.
F.Govt. F.Police.
Snake Plissken signing out.
Well what a month for BTC.
Dominance has remained strong remaining above 64% month to date.
The DXY has been losing strength which has been helping BTC's case.
Record BTC ETF inflows going into BTC recently.
Trump making deals in the Middle East.
BTC is still in s trong stance and it is looking like it is coiling up for the top. Whether that is a grind up through the Northern Summer, or a choppy North Summer and then spike up into September October and a double top forming before the decline into the bear, who knows.
But overall it is bullish.
It is risk on, as Gold also cools off with sideways action, not so much a major pull back as yet.
US Stocks are looking strong also in a bullish stance on the indices.
Strictly with BTC we have officially hit a new All Time High of $111,965 with some exchanges breaking the $112k USD mark.
Will all this bullish action, we are looking for a pull back of some sort. A cool off soon would be very healthy for the market.
The cycle timing is indicating a 60 day low occuring in or around Friday 6th June 2025, plus or minus few days.
We could see a shallow dip to the low $100k's / high $90k's.
We have FOMO level of $98,501 at the 50% Fib.
OTE long zone sweet spot between $95,370 (61.8%) and $90,913 (78.6%).
And the back the truck up level at $88,367 (88.2%).
The bodies of the yellow candles are price zones may need to be filled, so would make good retracement entry points.
Also to support the pullback / cool off, VZO/PZO is in overbought territory.
Bear divergences in the double ribbon, Fisher, Squeeze Momentum and Commodity Channel Index.
The Bollinger Bands are Squeezing which is a sign of coming volatility or consolidation (not shown).
We are on a TD7, so two more days to perfect the TD9 count and another possible 1 to 4 days of upside, so we could still see positive price action up until Saturday 31st May to close out the month.
The a dip and grind up the the next 60 day cycle top which may occur in or around the 21st July give or take a few.
In the news, ETF's see 4.5 x growth as there has been $2.75 Billion USD in inflows in the past week.
Let's see how the week and month closes out for a better picture.
Happy Trading Crypto Pirates.
Peace out.
F.Govt. F.Police.
Snake Plissken signing out.
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