May 13th 2021, Bitcoin — Caution, the crypto sector is getting a bit overheated in the short-term

Review

Bitcoin year to date, Daily Chart as of May 10th, 2021. Source: Tradingview
Year to date gains sorted by market-cap. Source Messari, May 10th 2021.

Technical Analysis For Bitcoin in US-Dollar

Bitcoin, Weekly Chart as of May 13th, 2021. Source: Tradingview.
Bitcoin, Daily Chart as of May 13th, 2021. Source: Tradingview

Sentiment Bitcoin — Caution, the crypto sector is getting a bit overheated in the short-term

Bitcoin Optix as of May 9th, 2021. Source: Sentimentrader
Crypto Fear & Greed Index as of May 12th, 2021. Source: Crypto Fear & Greed Index
Crypto Fear & Greed Index as of May 12th, 2021. Source: Sentimentrader

Seasonality Bitcoin — Caution, the crypto sector is getting a bit overheated in the short-term

Bitcoin seasonality. Source: Seasonax

Sound Money: Bitcoin vs. Gold

Bitcoin/Gold-Ratio as of May 10th, 2021. Source: Tradingview

Macro Outlook and Crack-Up-Boom

FED Balance Sheet. © Holger Zschaepitz via Twitter @Schuldensuehner, May 7th 2021.
ECB Balance Sheet. © Holger Zschaepitz via Twitter @Schuldensuehner, May 4th 2021.
Bloomberg Commodity Index. © Holger Zschaepitz via Twitter @Schuldensuehner, May 5th 2021.
Mentions of Inflation. © Holger Zschaepitz via Twitter @Schuldensuehner, May 5th 2021.

Conclusion: Bitcoin — Caution, the crypto sector is getting a bit overheated in the short-term

Ethereum new all-time highs © Holger Zschaepitz via Twitter @Schuldensuehner, May 10, 2021.
Bitcoin Dominance © Holger Zschaepitz via Twitter @Schuldensuehner, May 10, 2021.
Ethereum Market Capitalization © Messari via Twitter @RyanWatkins_, May 10, 2021.

Be careful, be patient!

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