Where’s Brandon? … I guess he had to get his diaper changed or somethin’
… nothin’ says clueless, tone deaf Dopes like a group photo of the absolutely
worthless & useless G20 POL party in Rome … “Taliban Joe” brought 800
sycophants, met with a clueless Pope to assure us “I’m a good Catholic!”
[Bwahahaha], whatever that is supposed to mean given he’s “all in” for abortion,
and all of the party photos will be on display at the “Goebbels Institute of
Communications” located somewhere in “The Swamp” … hundreds of millions
spent for POL bullshit, where ZERO is accomplished … this IS “peak stupidity”!
I had hoped to get the project I have been working on for readers finished by the
end of October … well, it’s gonna have to wait a week or maybe 2, simply cuz
there’s still some heavy lifting to do before it’s ready … but, I can assure you it’ll
be worth the wait … stay tuned!
Directly below, the 20 Day Range MA for selected trading pairs.
As you look at the table of 20 Day Range MA’s, you’ll notice an addition of 3
crypto pairs, bringing the total to 6 … the additions are XRP [RIPPLE], DOT
[POLKADOT], & BTC-DOM [BITCOIN DOMINANCE] … the additions will become
obvious when the project is finished … notice how volatile these alt-coins are
relative to Bitcoin [BTC], especially DOT … you want volatility in a daily range?
… the VIX in DOT is higher than BTC, and this coin has a mind of its own, it just
doesn’t follow BTC.
What is BTC-DOM? … it’s a metric of BTC market capitalization divided by the
market capitalization of every other crypto pair … in other words, it’s an oscillator
that cannot fall below 0, or rise above 100 … since it’s a well documented fact
BTC influences price direction of alt-coins, BTC usually rises faster and drops
quicker than the alt-coins as a whole, thus when BTC gets “monkey hammered”
this index will most likely fall, and when BTC goes ballistic to the upside the index
rises … directly below, the top daily candlestick is of BTC-DOM Aug - Oct 2021,
and right below it for comparison is the BTC daily candlestick for the same
period.
This oscillator / index [BTC-DOM] is starting to gain a lot of interest from traders,
especially those who want to trade BTC, but don’t like the extreme volatility that
can potentially kill their account … from a practical perspective, this oscillator
won’t go much below the high 30’s, or much above the high 70’s or in extreme
cases the low 80’s over an extended period of time, and gives traders the
opportunity to have BTC exposure, but against all other coins … in other words,
it’s a great pair to trade for those interested in mitigating risk of BTC price VIX, but
still finding opportunity to trade BTC trends.
This upcoming week is FED week … oh boy, hurry up & wait ‘till Wednesday at
2 PM EST … the most important FED meeting evahhhhh! [until the next one of
course!], and the consensus is the Lounge Lizards will announce their “tapering”
plans to reduce QE … given the state of China imploding, inflation roaring, and
the U.S. economy stagnating, how long will it be ‘till the FED gives up this plan?
… EASY PEEZEE: “they’ll give it up when the SP500 tanks, cuz it’s the only thing
that matters to these globalist Satanists … make no mistake, these are evil people
who DO NOT have your interests at heart”!
Onto the week … outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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