Omkar Godbole, CMT, MMS Finance Profile
Omkar Godbole, CMT, MMS Finance

@godbole17

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Views & Opinions are my own and not the views of my contractor/employer

India
Joined January 2014
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@godbole17
Omkar Godbole, CMT, MMS Finance
22 days
@HenrikZeberg been saying since 2022 that BOJ not Fed will bring pain to risk assets
@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Don’t ignore the #BOJ The bank may bring more pain for risk assets
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#DOGE spike after @elonmusk tweet response to my DEX article
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@elonmusk
Elon Musk
3 years
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@godbole17
Omkar Godbole, CMT, MMS Finance
5 years
@maheshwarisr
Shri Ram Maheshwari
5 years
1. One who cries and shouts at people , gives hate speeches and launches campaigns. 2.People who actually do something. #GretaThunberg
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
@HansrajMeena Congis have started crying. When they win elections, EVMs are god-like, when they lose, EVM's are manipulated. This immaturity is precisely the reason why you lose at national level @HansrajMeena
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Starting today, I am joining @ForbesCrypto . I am thrilled to work with brand new team of smart and hard working people after solid 4.5 years at CoinDesk.
@ForbesCrypto
Forbes Crypto
2 years
***ANNOUNCEMENT*** . @ForbesCrypto is thrilled to announce the hiring of Omkar Godbole as our new Senior Market Analyst! Be sure to follow him at @godbole17 for all the latest breaking news in #Crypto Welcome Omkar!
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
What a joker @Nidhi Fake fake fake.
@Nidhi
Nidhi Razdan
4 years
I have been the victim of a very serious phishing attack. I’m putting this statement out to set the record straight about what I’ve been through. I will not be addressing this issue any further on social media.
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
I asked a Bitcoin HODLer if he’s worried about the Bitcoin prices falling. he replied he’s worried but sleeps like a baby. I showed surprise😳 He clarified “Like a baby I mean, I sleep for a couple of hours, then wake up, cry for a while and then go back to sleep."
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC The number of accumulation addresses is falling alongside the continued uptrend in prices. Is it a warning of impending price pullback? @glassnode @n3ocortex
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 months
@pranaavj Upkaar kele ka Deva bhau ne?
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#ZEC a solid bullish turn around on the weekly chart An upside break of multi-year falling trendline followed by a double bottom breakout Remember #ZEChalving is due in the final quarter of 2020.
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
#BOJ rumours are already in the air. Bond yields rising I tweeted early this week that BOJ, not Fed, is the main event
@CoinDesk
CoinDesk
1 year
Move over Fed, the @IMFNews has urged the Bank of Japan to move away from liquidity-boosting yield curve control. The policy tweak might be announced on Friday and could influence global liquidity conditions. reports @godbole17 .
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC $44k ahead
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
Wow
@CoinDesk
CoinDesk
3 years
JUST IN: @Tether_to asks court to block @NewYorkStateAG from releasing documents to CoinDesk under Freedom of Information Law. Story to come. Filing here:
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
Thread 1/ Why I think: #BTC is at far end of risk curve #BTC May sell-off was result of taper fears (Elon, China was/is noise) #BTC decline is a warning for #SP500 & other risk assets Upcoming #Fed meeting/talk is pivotal for #BTC and #SP500
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC monthly chart looks crazy bearish. 5-, 10MAs crossing bearish. Previous bull & bear crosses failed. Third after two failed ones works more often than not. Bear divergence on multiple indicators 50-month SMA supp at $20K (not a financial advice, am repoooorter)
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#ETH down 6%, other #alts bleed heavy while #BTC relatively resilient #ETHBTC down 5% and at lowest since Oct 2021. @ForbesCrypto readers were forewarned
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Personal opinion... unpopular #BTC is merely following NDX/SPX ratio (tech cycle), as it does most of the time. rest all narratives of #BTC being hedge etc are... just narratives
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
@elonmusk @CoinDesk Doge launching DEXs for retail investors?
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#ETHBTC has lost 1.5-year bullish trendline and 38.2% Fib support. Looks bad! Fireworks on the downside?
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC holding 61.8% Fib
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
Share of #US yield curve inverted has peaked Previous peaks presaged economic recessions and major stock market drawdowns. Chart by @MacroMicroMe
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC 200-day MA mimics the previous bull market cycle (1/2) 200-day MA hit a record high on Nov. 3. That is 4.5-months after halving. The average's previous record high or top was made in June 2018, i.e. 2-year before the third halving. continued...
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC TA charts point to a rally to $35K. Macro factors call for caution. read more at @ForbesCrypto
@ForbesCrypto
Forbes Crypto
2 years
Bitcoin Price Posts Biggest Daily Gain Since Early March, What Next? by @godbole17
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
@georgesoros How about a vibrant public debate on Soros' meddling in countries' internal affairs?
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#ZEC rises above $100 for first since July 2019 Chart source: CoinDesk #ZEChalving in 2020
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
Good ol volatility is back #BTC fell by roughly $1,300 in just 10 mins early today, after having reached 11-month high abv $12.1K Here is the 5-min chart:
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC looks like we are in for a relief rally to $43K-$44K
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC active entities highest since Oct. 2018 Chart source: @glassnode
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
I am secretly bullish because almost everyone is expecting a meltdown
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC Increased institutional participation makes #bitcoin more sensitive to macro events. BTC will likely see a bigger drop duuring the next macro crash, if any, than the one seen on March 12 last year. Every coin has two sides 😁
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC heading toward $35k as per TA inverse H&S breakout
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
@MiyajuSun Check this. History shows every time #Pakistan gets #IMF bailout or assistance, there are wave of terror attacks in India!
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC 's weekly candle looks set to close above $21,478 (late Oct high). If confirmed, that the next resistance is the lower high of $25,214 printed in Aug. Thats the level that needs to be broken.
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Shameless Marathi media openly spreading fake rumors
@pallavict
PallaviCT
2 years
This is not honest journalism but all out vicious attack to create unrest in Maharashtra Front page stories claiming projects to give lakhs of jobs in Maha were STOLEN & given to Gujarat are hit jobs @Dev_Fadnavis ji must act on them like @amitmalviya ji will be acting on WIRE
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Bounce in holiday-thinned trade is encouraging Am keeping a close eye on net inflows onto exchanges. The 90-day avg of net flows has turned, signaling inflows. Avg's previous positive/negative crossovers have paved way for major bear and bull moves.
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
@barrysilbert ZEC halving this year
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC under pressure ahead of #Powell speech. Will Powell say there is scope for pause after rate hikes in June and July? Dont think so, PMIs released early today showed plenty inflation in the pipeline! via @ForbesCrypto
@ForbesCrypto
Forbes Crypto
2 years
It's another risk-off day in crypto markets, with major assets trading in the red and the ether-bitcoin exchange rate (ETH/BTC) pointing to a continued worsening of investor sentiment: by @godbole17
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Excellent post by @UrbanKaoboy Fed out hawked other cen banks, but will it out-dove others? Probably won't ... #DXY snap up?
@UrbanKaoboy
Michael Kao
2 years
Re: Geopolitics/Inflation/USD-Ball In A China Shop. Today I divert your attention from the provincial woes of wayward Silicon Valley lenders to the REAL ticking time bomb of the global financial system -- China.
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Looks like a bull flag on #BTC
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
@MuyaoShen @SEC_Investor_Ed futures-based ETF almost confirmed?
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 months
@Jairam_Ramesh Personal income tax rate skyrocketing since 2014
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Plenty support between $53.7K to $50.5K from 38.2% Fib R, Sept. 7 high & rising trendline But short-term, mid-term puts continue to be pricier than calls EMA ribbon about to flip bearish
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC bullish daily chart Expanding sideways channel breakout plus downtrend from April highs breached.
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC I guess 64k to 44k move is the biggest pullback of this bull cycle
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC history repeating itself Price closing on record high 6.5 months after third reward halving BTC had reached new lifetime high above $1,163 in Feb 2017, that is, 7 months after second halving, which took place in July 2016.
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC No sign of dip buying by wealthy investors Supply held by entities with at 1K to 10K balance continues to fall. Some say distribution is happening, but that ain't helping... 10K-100K, 100K-1K cohorts aren't buying the latest dip below 50K Charts by @glassnode
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Is $30k the new $6k (of 2018) I remember btc consolidating near $6k in July to oct 2018 period. Everyone including @novogratz said $6k is new base… But #btc nosedived in mid-Nov and reached $3.5k
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#XRPUSD TA Experts. Is that a bullish breakout on XRP's weekly chart. If so, the rally has just begun?
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@godbole17
Omkar Godbole, CMT, MMS Finance
11 months
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC drop. Relax its just a bull market pullback. Market looked tired with less wealthy investors struggling to do the heavy lifting amid persistent whale selling since early Feb
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Seems we have bottomed for now. Re-test of $59K-$60K coming
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Doesn't look good
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC rising :)
@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC $44k ahead
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
S2F fans and analysts with $100k year end target after watching #BTC slide to $42k
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
Breakout in #BTC dominance rate Strengthens the case for a rally to $35K signaled by inverse H&S breakout in March
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC heading toward $35k as per TA inverse H&S breakout
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTCUSD H&S breakdown on D1 Looks like we are heading down to 38.2% Fib retracement at $43.8K
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#Crypto #BTC bull run is still in early stages. How do I know? (1/3) Non-financial newspapers yet to take note of BTC rally. I have been prodding my friends, (engineers, CAs) who invest in stocks, to buy cryptos. No one has bought yet. Few waiting for pullback continued...
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC #BTCUSD weekly chart Diagonal breakout = 2.5-year descending trendline breached Horizontal breakout = resistance of February high of $10,480 (Bitfinex prices) scaled. Need more evidence of bullish development?
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC falling toward bullish trendline support
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
Party is over! Hope crypto peeps can digest that... Junk will go bust, quality to survive and then thrive
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@godbole17
Omkar Godbole, CMT, MMS Finance
5 years
@AskAnshul अछ्छी नौटंको है हिन्दू का नाम ख़राब करनेकी करते रहो। या सब साज़िश करवानेवालो को मेरी तरफ से शुक्रिया आप लोग वो काम कर रहे हो जो सदियों से नहीं हो पाया है - - हिन्दू एक हो रहे है। धन्यवाद्। जय हिन्द
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
Crypto's obsession about China's supposedly declining treasury holdings is hilarious and doesn't mean anything for #crypto #BTC . Treasury holdings is function of current account surplus/deficit and international trade is zero sum game. Samajdaar ko ishara kafi
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
@arunpudur @aryanbagade07 Bad move. Nobody knew Sai Pallavi before this. Now she will get the fame across India, which she couldn’t get through movies! And of course she will soon join the Swara Bhaskar bandwagon!
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Looks like a rising wedge on 4h chart - lines converging This could end really bad if Powell comes out hawkish at Jackson Hole.
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#cryptocrash Storm was brewing... Early May was a good time to buy volatility via long straddles and strangles, as discussed in this article dated May 4 Vol buyers must have made a killing! @GenesisVol
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
We have a breakout in #BTC dominance rate weekly chart. it means BTC's share in crypto Markets tis likely to rise further. That's possible in two scenarios 1. BTC resumes the bull run, leads altcoins higher 2. Altcoins tank even harder, money flows out of alts and into BTC
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@godbole17
Omkar Godbole, CMT, MMS Finance
11 months
Not gonna tell what chart this is. but its tied to #BTC . breakout here would mean at least $100K price. We had similar pattern in #oil before late July breakout.
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 months
#BTC plenty activity in $100K calls @Amberdataio
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC is up over 4%, now at $21.7K. May be its just risk-on reaction to news that SVB depositors will be made 100% whole. Wondering if it will end up rising further into a large inverse H&S bottom pattern?
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
Some folks are still drawing parallels between 2013, 2017 and 2021. IMO four-year cycles are over! Market has matured
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@godbole17
Omkar Godbole, CMT, MMS Finance
5 years
Number of #Bitcoin addresses with non-zero balances rose to a record high of 28,351 on Jan. 21 Previous record high was 28,190 (Jan. 11, 2018) Data by @glassnode
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
CME announced #BTC futures on Oct. 31 when BTC was trading near $6.4K. Futures went live on Dec. 17. Price peaked near $20K on that day. Will #ETH see similar rally in the run up to futures listings due in February?
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Hawkish Fed trade is back as investors sell rate-sensitive assets. #BTC reverses Monday's Gain while #yen , the poster boy of rates trade, drops to lowest in 20 years via @ForbesCrypto
@ForbesCrypto
Forbes Crypto
2 years
Bitcoin, Ether Erase Monday's Gain As Hawkish Fed Trade Returns: by @godbole17
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
I have been fasting 36 hours every week (Monday 6 pm to Wednesday 6 am) since October. Been lifting weights for several years, but since October recovery from workouts has accelerated multifold, probably due to fasting! Please try it, you won’t regret Now I know why Hinduism
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 months
Mark my words BJP is just one recession away from an epic crash .. all the mirage of exceptional growth, meritocracy will come crashing down
@anshul_aliganj
Anshul
4 months
All those who were saying that it was purely a selection on merit has been debunked by the tweet below by the railway minister. BJP has sown the seeds of caste politics in Odisha. The state which kept itself safe from it so far. This is not Hindutva but it is Subaltern Hindutva a
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC Today's candle, with its long tail, looks similar to the one seen on May 17, 2019. On that day, BTC suffered a similar drop only to resume the uptrend over the following week.
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Amid the gloom and doom, #BTC 's weekly chart points to selling climax. Via @ForbesCrypto
@ForbesCrypto
Forbes Crypto
2 years
In this special unlocked report of our premium research product, our Senior Market Analyst @godbole17 breaks down why #bitcoin may be reaching the point of seller exhaustion. Click below to read find out how to subscribe:
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#Fed minutes: Number of officials said it would be appropriate to consider sale of mortgage-backed securities. Thats somewhat hawkish, as discussed at @ForbesCrypto early today
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
#BTC A classic bull flag breakout on the hourly chart.
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#crypto dip buyers
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
Moving back to my home, “Karma Bhoomi” @CoinDesk next month!
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#Fed rate hikes is old news. Focus will be on details of balance sheet runoff. Growing support for outright MBS sales may inject volatility into markets via @ForbesCrypto
@ForbesCrypto
Forbes Crypto
2 years
Bitcoin Braces For More Hawkish News From The Federal Reserve Today: by @godbole17
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@godbole17
Omkar Godbole, CMT, MMS Finance
4 years
2020 hasn't been all that bad It has revealed that Bollywood is bollyweed 😂 Close down the shop. Its useless
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@godbole17
Omkar Godbole, CMT, MMS Finance
1 year
Keep an eye on US-German two-yr yield spread breakout from falling wedge-like pattern would be a sell signal for $EURUSD, also means #DXY bounce and downside pressure for #cryptocurrencies
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
Australia nailed it Indian media is full of vultures, recording videos near crematoriums, getting views/TRP by showing burning pyres, mourning families. Totally useless lot, hell bent on spreading panic.
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC whale accumulation Supply held by entities with 1K-10K balance has gone up by over 60K this month, while price has declined by 11% Chart by @glassnode
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC 3-day chart price action + death cross structure quite similar to early November 2018
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
Options market was right
@CoinDesk
CoinDesk
3 years
Bitcoin's put options continue to get pricier amid Fed rate hike fears. Reports @godbole17
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
@pravisah @ShefVaidya old habits die hard
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC options market shows record put bias @laevitas1
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC closing on former support turned resistance at $28,754 (June 2021 low) That level was breached in June last year and never came into play to date Is this a bearish retest?
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#btc looks like bear continuation. $30,702 is key support
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#ETH $40K call saw a big jump in open interest on Thursday #LondonHardFork #Ether
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@godbole17
Omkar Godbole, CMT, MMS Finance
11 months
#Yen is taking a beating. #USDJPY has risen 1.6% to 151. But, #US - #Japan 10-year bond yield spread has declined over 10bps. perhaps #yen sell-off is a bear trap! chart source: @MacroMicroMe
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC Looks like a bull continuation pattern Resistance above $42k
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
$BTC takes out descending trendline, eyes 38.2% Fib hurdle in holiday-thinned trade
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC As bitcoin crashed, #Coinbase saw highest hourly volume since May
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@godbole17
Omkar Godbole, CMT, MMS Finance
3 years
#BTC - Why 2021, the post-halving year hasn't turned out to be as bullish as 2017 and 2013 1/6 Reason - in markets, when something [reward halving in this case] becomes a common knowledge, it stops working...I remember telling this to a colleague in Oct 2019
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@godbole17
Omkar Godbole, CMT, MMS Finance
2 years
#BTC Next big support is at $28,742, the 61.8% Fib retracement
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