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This 4200 target may be the bottom of this bubble.
Depending on how things go in the few weeks following this 4200 low and a rebound, obviously, I would not be surprised to publish, a new lower target around 3000.
If this 3000 low happens, I think I will likely consider it as the overall low of this bubble.
Depending on how things go in the few weeks following this 4200 low and a rebound, obviously, I would not be surprised to publish, a new lower target around 3000.
If this 3000 low happens, I think I will likely consider it as the overall low of this bubble.
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And given the lower volatility compared to 1-2 months ago, I start to think that a 5500 target is more realistic on the short term.
Personally I'd love to see it going to 2K by the summer. Volatility is our friend, not the price!