September 28th 2021, Bitcoin — Chinese House of Cards Is Collapsing

Review

Technical Analysis For Bitcoin in US-Dollar

Bitcoin in USD, weekly chart as of September 28th, 2021. Source: Tradingview
Bitcoin in USD, daily chart as of September 28th, 2021. Source: Tradingview

Sentiment Bitcoin — Chinese House of Cards Is Collapsing

Crypto Fear & Greed Index as of September 27th, 2021. Source: Crypto Fear & Greed Index
Crypto Fear & Greed Index long-term as of September 26th, 2021. Source: Sentimentrader

Sound Money: Bitcoin vs. Gold

Bitcoin/Gold-Ratio as of September 28th, 2021.Source: Tradingview

You want to own Bitcoin and gold!

Macro Update: Bitcoin — The Chinese House of Cards is Collapsing

FED bluffing the markets
Ghost towns (with a replica of the Eiffel Tower!) in China
China Urbanization vs. Construction.

Conclusion: The party is over, risk-off!

Bitcoin-Future in USD, weekly chart as of September 28th, 2021. Source: Tradingview

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store