Trying to hear what's not being said
October 1, 2025 Leave a comment
Since the early April 2025 lows across various capital markets, the stock price of the Mexican cement company, Cemex, has easily outperformed the price of Gold and Bitcoin.
Is cement and concrete the new ‘money’?
#perspective
October 1, 2025
rob@karriasset.com.au
June 12, 2025 Leave a comment
Ya know that Bitcoin’s USD price is close correlated to the S&P 500 Index….
and when it’s not, often the SPX rises against BTC’s decline.
June 12, 2025
rob@karriasset.com.au
February 8, 2025 Leave a comment
Is Arabica #Coffee a better store of value than #Bitcoin?
I might put it on the blockchain?
(of course I picked a starting date which suited me)
December 11, 2024 Leave a comment
Since November 1st, 2024, lululemon Athletica’s stock price has risen as much as Bitcoin.
The share price of Coinbase has nearly doubled the return produced by Bitcoin.
For all its financial engineering, MicroStrategy is somewhere in between.
p.s. I’ve sold the LULU holding and halved the Bloom Energy and Shopify positions.
December 11, 2024
by Rob Zdravevski
rob@karriasset.com.au
November 13, 2024 Leave a comment
If a company holds $24 billion worth of Bitcoin (but not really because that Bitcoin has been bought raising cash in the form of convertible notes), then why would you still pay $73 billion to buy the whole company?
Animal spirits have arrived.
Oh dear !
#parabola
November 12, 2024 Leave a comment
Buying #TSLA stock when it’s price is trading at 3 (upper, weekly) standard deviations is folly.
See you closer to $250.
The same applies to Bitcoin….I’ll look for it to visit $49,000 at least
November 12, 2024
rob@karriasset.com.au
November 5, 2024 Leave a comment
This study overlays Bitcoin volatility against the S&P 500 Index.
It is saying to me that when Bitcoin volatility is overbought, buy equities
And when #Bitcoin #Volatility (BVOL) is registering an RSI reading below 38, then it seems that equities are stifled, perhaps signalling a peak.
BVOL traded below 38 last week.
November 5, 2024
by Rob Zdravevski
Karri Asset Advisors
rob@karriasset.com.au
November 1, 2024 Leave a comment
Yesterday, I pasted some numbers of where Bitcoin (BTC/USD) has traded as a percentage above its 200 week moving average.
It’s been frothier while it confirms the mood to accept greater amounts of risk.
November 1, 2024
rob@karriasset.com.au
September 26, 2024 Leave a comment
The strength of Bitcoin’s (BTC/USD) daily trend is waning.
It’s weekly trend is turning lower.
I’ll look for it to trade to $50,400 (+/- $1,000) before deciding on a call for a call to $40,000.
In the interest of correlating BTC/USD to the mood in risk taking, I’ve overlaid the AUD/JPY in the chart below.
September 26, 2024
by Rob Zdravevski
rob@karriasset.com.au
November 12, 2022 Leave a comment
On September 20, 2022, I wrote that Bitcoin should trade down to $16,000 (+/- 600 points)
A few days ago, on November 9th, Bitcoin saw a low of 15,512 (on Coinbase’s exchange)
While this low rendered it oversold on a daily basis, it is close but not yet oversold on a weekly timeline.
However, on a weekly basis it did trade down to 2.5 standard deviations of its rolling weekly mean and nearly tickled 3 standard deviations. We don’t see this occur too often.
Back to that September 20 article, I wrote that a drop in Bitcoin’s volatility readings precedes a low in Bitcoin.
Bitcoin’s Volatility (BVOL) proceeded to drop from that date on (into November) and went oversold on a daily basis on October 14, 2022.
Bitcoin then saw this new, recent low on November 9th.
Incidentally, this week’s low in Bitcoin saw it register its lowest weekly RSI reading since November 2018, when Bitcoin was consolidating around the $6,200 mark.
Furthermore, that daily oversold moment for the Bitcoin Volatility Index was a day following what we now know as the S&P 500 low of 3,812 on October 13, 2022. While it wasn’t quite at my 3,656 prediction.
Perhaps that figure 3,656 level is visited later?
I don’t trade cryptocurrencies but I do watch the bellwethers to assist with risk appetite in other asset markets.
November 12, 2022
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 