GoldenFibs

Welcome to GoldenFibs.

This fund uses Fibonacci and momentum approaches to gauge levels of risk and opportunities.

We remain in the market as it can pump anytime with all the added institutional activity. This is not the time to be scared. Things happen fast and we are in this for the long run.

We hope some of you enjoy the ride with us.

Do not expect daily updates as a given because we do not flip our approach daily.

Do know however that we monitor the markets each day and inform you here of our outlook when we feel a significant level lost/reached or a move has been made.

May your timelines and expectations be lengthy and may your patience be strong. Your candles be daily and weekly rather than 5mins.

See you soon.

So Bitcoin took a hit, dropping to $92k, with Ethereum also down to $3,100. Solana isn’t far behind with a decent dip. The market's been feeling the pain for a third day in a row, and even BTC and ETH ETFs are seeing outflows, the first in weeks—$672 million out of Bitcoin and $61 million from Ethereum. Meanwhile, BTC dominance has been climbing for the 7th day straight.

In other news, Marathon and Hut 8 scooped up $1.6 billion in Bitcoin during the dip, and Metaplanet issued $61 million in debt to buy more BTC. There’s also talk from Senator Lummis, suggesting the Fed should buy 200,000 BTC annually. Meanwhile, El Salvador seems to be doubling down, buying 11 BTC the day after their IMF deal, while moving towards selling or shutting down the Chivo wallet.On the regulatory side, the SEC approved the first hybrid BTC-ETH ETF, and the US rejected SBF's appeal on his conviction.

As for the other end of the market, Fartcoin and Zerebro are making waves, with Fartcoin holding strong above $1 billion in market cap despite a recent sell-off, while Zerebro has partnered with ai16z to lead the AI charge in crypto.It’s a wild ride today, with more volatility expected as the market tries to find its footing. US open coming up soon...

Bitcoin dominance has reached fibonacci resistance which can either see

a bounce or simply a less aggressive, slower paced bleed lower, if it rejects. Let's see how the day develops. I went stable last night to minimise losses and will redeploy a 50% position in for the next hours in the lead up to US open.

Why isn't there more discussion out there on why $BTC

is criticised for its energy consumption, but AI gets a free pass?

I took the time today to read Arthur Hayes’ latest Essay from a few days ago. Here is an attempt at a TLDR to simplify the main points as they are a long read.

🎢 1. Trump’s Big Moves 🍊Trump’s back to bulldoze through global economic imbalances. His key play? Devalue the dollar against gold to kickstart U.S. manufacturing and exports. This could pump asset prices—especially Bitcoin.

💸 2. The Money Printer Games 🖨️Hayes predicts the end of the "Petroyuan" era as the world enters a new phase of relentless money printing. Think of it as a global "money printer go brrr" competition.

🌍 3. The Winners & Losers

🇺🇸 USA: Devalue the dollar, print trillions, and drive Bitcoin demand.

🇨🇳 China: QE and a weaker yuan mean capital could flee to Bitcoin.

🇯🇵 Japan: A stronger yen will require printing more yen, boosting global liquidity.

🇪🇺 Europe: A hot mess of financial repression and money printing will weaken the euro.

💎 4. Bitcoin Shines Bright 🚀As fiat currencies weaken, Bitcoin thrives. Hayes expects short-term volatility—like a crypto dip around Trump’s inauguration—but predicts massive gains ahead.

The Bottom Line:Global money printing and Trump’s policies point to one thing: Bitcoin’s time to shine. Buckle up for a wild ride! 🐂💥