woonomic on Nostr: FSI showing first signs of bottoming, BTCUSD up to now has been consolidating ...
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).
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).
![](https://void.cat/d/MpaTRcsHGtjFHzzXTh5H8N.webp)