Damus
Willy Woo profile picture
Willy Woo
@woonomic
FSI showing first signs of bottoming, BTCUSD up to now has been consolidating sideways against headwinds of FSI mean reverting (cooling off from overheated). Should see some fundamental tailwinds hear on in.

Also worth noting the volatility compression we have seen in the 4 weeks of sideways suggests the expected move should be decently big (much bigger than the recent 28k -> 30k move).

Note: Short timeframe forecasts has lower reliability than longer term macro readings.

This post only goes out to Nostr (not Twitter).

91❀️12πŸ€™21⚑️1πŸ’œ1😁1
clankwright · 177w
How is fundamental strength indicated?
Peris · 177w
Loved the last sentence!
captjack πŸ΄β€β˜ οΈβœ¨πŸ’œ · 177w
wow exclusive for #nostr πŸ€™πŸΌπŸ’œ πŸ«‚
Pextar · 177w
Thanks for only sharing with the cool kids πŸ˜ŽπŸ«‚
Matt · 177w
The best indicator is a straight line fit of the price in log log plot. It shows that on average we should be at 38k, but of course when the move happens it’ll go way past that. The linear fit is surprisingly good. https://loglogbtc.com
MonKota · 177w
Thanks
Dr Sebastian Pineapples · 177w
Always appreciate your insight Willy! All the best from Canada