Bitcoin targeting $15,000 after peaking in the next few months?
I am about 90% convinced that the stock market will peak and so will bitcoin between now and APRIL/MAY then we see alt coins go crazy and then we will more than likely see the bear market confirm around AUG of this year in both stocks and crypto.
Lots of confluence and technical analysis pointing to this happening using the dot com bubble bursting fractal and also a previous fractal from bitcoins 2018 bear market. I believe SPY will be targeting 250 into the first quarter of 2023. I believe Bitcoin will be testing the 15K area by that time as well. We should have some time to prepare our portfolios over the next couple of months. I will be planning to add to my longer term SPY short once we get closer to 450s. I am being extremely selective with my long positions these days and I am also 110% hedging those positions. Now is the time to start making a plan if you do not already have one:
Lots of confluence and technical analysis pointing to this happening using the dot com bubble bursting fractal and also a previous fractal from bitcoins 2018 bear market. I believe SPY will be targeting 250 into the first quarter of 2023. I believe Bitcoin will be testing the 15K area by that time as well. We should have some time to prepare our portfolios over the next couple of months. I will be planning to add to my longer term SPY short once we get closer to 450s. I am being extremely selective with my long positions these days and I am also 110% hedging those positions. Now is the time to start making a plan if you do not already have one:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.