THE BITCOIN SLINGSHOT

The fear of a "Trade War" will not go away anytime soon, but PEAK PANIC has likely passed, and I believe Bitcoin and Crypto will start outperforming stocks.

SLINGSHOT SIGNAL

• Bitocin Technicals: In the past, when price "bottomed" followed by a surge above the daily Bollinger band midpoint, Bitcoin exploded over the next couple of months.

• In early 2024, the SLINGSHOT signal caused Bitcoin to retest the previous high, followed by a near 50% increase in price within 30 days.
• In late 2024, the SLINGSHOT signal took Bitcoin back to previous highs, followed by another 50% gain in 60 days.

• On the Weekly Chart, the Slingshot played out as
  1) A period of consolidation
  2) A clear RIP above the MIDPOINT into the upper band.

ANCHORED CROSSOVER

MORE MOMENTUM

When the 12-week EMA crosses above Anchored VWAP from the previous high, that seems to be a strong CONTINUATION SIGNAL.

Removing Price, we can see the CROSS-OVER clearly

VOODOO MATH

Bitcoin is highly correlated with Global Liquidity. In other words, the more fiat currency is created, the more demand for Bitcoin, because Bitcoin cannot be debased as the total supply is capped at 21 million.

• Bitcoin should reach $150,000 between July and August if the chart below stays consistent.

Deregulation BULLISH FOR CRYPTO

Ending regulatory investigations would allow companies to expand crypto offerings, attracting consumers and institutions.

• BlackRock and Fidelity are launching crypto products and infrastructure, expecting government endorsements to advance the crypto ecosystem.

Deregulation Bills

• The repeal of SAB121 would allow financial institutions to hold crypto on their balance sheets, enabling next-gen services

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• Bitcoin Strategic reserve: elevates Bitcoin to a national reserve asset like gold
• The Financial Innovation and Technology for the 21st Century Act (FIT21), H.R. 4763, is a proposed U.S. law aiming to create a federal regulatory framework for digital assets

Press Releases | U.S. House Committee on Financial Services

https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409277

BE PATIENT