Brett (@brett_eth) 's Twitter Profile
Brett

@brett_eth

Bitcoin since 2013 | Data nerd | Historical trend chartist

ID: 232348019

calendar_today30-12-2010 22:31:26

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Today's downward price action is likely due to the fear of a .5 cut, which CME has at a 63% probability. If Powell announces a .25 cut, do you think the market could see a short relief rally? This would not be out of the norm. In 2001 and 2007, the market had a pump for a

Today's downward price action is likely due to the fear of a .5 cut, which CME has at a 63% probability. 

If Powell announces a .25 cut, do you think the market could see a short relief rally?

This would not be out of the norm. 

In 2001 and 2007, the market had a pump for a
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$QQQ has failed to get above resistance since Friday. $BTC has hit resistance perfectly and bounced off slightly. We're going into tomorrow's #FOMC, literally riding a line. How will today close?

$QQQ has failed to get above resistance since Friday. 

$BTC has hit resistance perfectly and bounced off slightly.

We're going into tomorrow's #FOMC, literally riding a line. 

How will today close?
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Did you know the average time it takes the NBER to declare a #recession is over 400 days? This could mean that IF we see a recession, it likely wouldn't be classified and announced as a recession until it's over. Can you imagine another 12-24 months of the Bears vs the Bulls?

Did you know the average time it takes the NBER to declare a #recession is over 400 days? 

This could mean that IF we see a recession, it likely wouldn't be classified and announced as a recession until it's over. 

Can you imagine another 12-24 months of the Bears vs the Bulls?
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One last poll for final measure. CME has a 64% chance of a .5 cut. What does Powell announce tomorrow at the #FOMC?

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#FOMC decision day is here! The Fed's decision to cut rates today will have short-term volatility (up or down, anyone can guess). Today's decision will not determine the direction of the market in the coming weeks/months. The data on jobs, consumer sentiment, inflation, etc.,

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Today through Friday will be volatile. Trade carefully. This is a +5.25% body on the $SPX from Jan 3, 2001, when the Fed started to cut rates. It then lost all its value in the following three days. Let the fun begin.

Today through Friday will be volatile. Trade carefully. This is a +5.25% body on the $SPX from Jan 3, 2001, when the Fed started to cut rates. It then lost all its value in the following three days. 

Let the fun begin.
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Can we continue this $ETH pump to get above the 50SMA, between $2,800-$3,200, mentioned in the original tweet? #Crypto #ETH #BTC

Can we continue this $ETH pump to get above the 50SMA, between $2,800-$3,200, mentioned in the original tweet? 

#Crypto #ETH #BTC
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#Bitcoin with a fantastic bounce off the 50 RSI level. Repeating history quite nicely. $BTC is up $5,800 since this post 8 days ago. The big question is; will it break the trend and push out of the bull flag?

#Bitcoin with a fantastic bounce off the 50 RSI level. Repeating history quite nicely. $BTC is up $5,800 since this post 8 days ago. 

The big question is; will it break the trend and push out of the bull flag?