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VirlVideo
Aug 25, 2022 11:00 PM

Prediction for Jackson Hole (Fed) Announcement  

Bitcoin / TetherUSBinance

Description

🏛️ Chairman Powell will be speaking Friday 10am EST.

Leading up to these speeches, BTC has fallen ↘️ then rose strongly ⬆️

We like BTC for more upside, but there could be some regression leading up to this event.

If Powell says something unexpected, it will lead BTC & Equities to fall heavily for the weekend.

🕊️ - WE PERSONALLY FEEL - 🕊️

Powell will speak more softly on the economic state. Leading to a strong outcome for BTC & Equities

Comment

If Powell does speak how we believe, use the "idea" we posted yesterday - "Bitcoin Important Levels" - as a guide to where it could go up to.

Comment

🏛️📰 BTC just hot the drop we called prior to the release of Jackson Hole news.

The First News Has Been Released - It's Positive Speech

Comment

Just as we thought the dip prior to the first Jackson Hole new just occurred, followed by the pop we talked about happening after.
Comments
PensieriParole
bad thing will come out starting from october 2022, be ready and safe guys. tradizional finance will collapse and maybe will effect very badly all cryptomarket, many project will do rugpull , big reset will come. About tomorrow maybe he will be softly talking ,be aware speculation before big crash is around the corner, be safe make profit and save your money
VirlVideo
@PensieriParole, Yeah, and with September being historically the worst month, it could be a choppy few weeks. A positive outlook from the Fed could be the last push up, before a drop throughout September.
PensieriParole
@VirlVideo, well last manipulation before big crash, i think october november and december will be an epic financial crash , september i see more a month with nice fakeout the last pump to get people in before another epic dump, altcoin will suffer the most with huge losses and many rugpull
VirlVideo
@PensieriParole, Nice thought keep your belief, but if we could teach one think... don't fully commit your thought in short term trading. There's 4 of us working on this trading team, I graduated with an econ degree concentrated in labor economics. I was fully convinced in a crash, as a byproduct of the supply chain disruptions from the global corona issue. This I felt would cause a spike in gold, and a dive in equities. My belief held true for a short time in gold, I bought it at $1850, and it spike to over $2000. I sold it as it fell at $1950, and watched it dip to the 17--... while equities skyrocketed. I didn't factor in the Fed's commitment to constant liquidity feeding. If I stayed nimble, and removed my thought from the long term investing/trading bias hammered into me, I probably would have ended up financially better in the trade.

To talk scholastically for a bit:
Long Term Trading Was Bred Into Everyone.

This is because until recently, the ubiquity of short term trading access wasn't commonly possible - unless you were on the trading floor directly. Now within the past few years the concept of "buy and hold" is still around, and trading which was largely inaccessible to a majority of the world, is ostracized. Now, those who are active; finally are realizing "buy and hold," is truly foolish in a modern philosophical sense of finance.
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