Chart is self explanatory. Target will be more like 130k to 140k range, but could go higher. Also, this year there are probably going to be two rallies with a pullback and re-consolidation phase. There are two important factors to consider: 1. BTC halving. 2. Interest rate cuts. Happy investing/trading!
First of all, the news section. I am only sharing the US Department of Treasury announcement from 16 hours ago, i.e. 18th December 2020, and other UK FCA bans/regulations news on cryptocurrency exchanges. It looks like the full regulatory hammer is going to drop with full force on cryptosphere very soon. US Dept of Treasury announcement 18th December 2020 -...
Never in the history of SPX has there been a rally right before US elections. This is going to be the ugliest US elections in history. No sane investor will keep100% of their stocks portfolio. They will dump at least 50% of their stocks holdings. No financial stimulus from Feds in sight before US elections. US elections 6 weeks away from today, i.e. 3rd...
Hello everyone, Here is a comparison with the 2018-2019 Elliott Wave Cycle with the current cycle. I think Bitcoin is going to have a slow correction going into December 2020, followed by the next powerful bull cycle in 2021. This will also complete an inverted head and shoulder pattern, which is quite commonly seen in Bitcoin's charts. The last inverted head...
Here is a comparison of DJI with the 2008 crisis and the 1930s Great Depression. PLEASE BE SAFE. invest wisely. Shorting is not advised either. Although the chart says "short", it is merely the title to indicate the expected direction of price movement. Do not let market makers take your money and build their empires from your money! So please don't short!