GBTC
The Bitcoin Finks 8/2020 Forecast...There's going to be a piping hot 17k towards the beginning of the month
followed by some cool temperatures of 13k towards the end and warming up towards Labor Day...
Bitcoin is at a historic level... The tiniest infinitesimal amount of time Bitcoin has closed at or above these levels...
And I am still seeing 2k charts! Shorts are in DISBELIEF!
Yearly Inside Bar Pattern looking so GOOD! Only 3 more levels to go and 5 months to get there! It will be done! Look at that candle!
Meyer Multiple Bands!Bitcoin has been between 1 STD DEV below the MEAN double the time of 2016!
The break above here will be breathtaking!
NOT LONG NOW!
HODL!
ANY MOMENT!
There's no way around this... 17.2k
13.2k
The CME Gap never closes...
Last week was your last 4 digit Bitcoin EVER!
4 Generation's of sound money! Great Grandpa led the way...
Now follow the golden road!
That Young buck will over-perform due to the only Hedgefund and retail/retirement option in standard brokers driving premium!
GBTC Vs. BTCUSD Smart Money Cheat CodeThis really does feel like cheating. I would predict topping out in the short term right below that the GBTC price.
Remember when I showed you this in Q2?Looks like it's playing out perfectly!
A Quartly close above 14k signals Full Blown 288K Bull market Mode!
BITCOIN vs. GBTCWhich means GBTC is the over-performing laggard!
The Premium to NAV, commission-free, and retirement account TAX-FREE trades makes GBTC the best trading tool there is IMHO...
1) Bitcoin Tops out Jun 1st vs. GBTC's Jun 10th
2) BTC bottoms out on June 17th vs. GBTC's staggering 20 DAYS LATER on Jul 17th
3) BTC broke resistance yesterday vs. GBTC has $2 to go!
4) GBTC due to over-perform at a later date than BTC to $20-$22 IMHO and a far greater correction would be due...
That's my 2 SAT's for the day! Have a great day traders-Investors- & BTC HODLers!
Silver vs. Bitcoin These two assets seem to be in the same move.
1) Bitcoin was leading with the first top on Feb 13th vs. Silvers top on Feb 24th
2) Bitcoin Bottoming 1st on March 13th vs. Silver March 18th
3) The second top before consolidation for Bitcoin & Silver were in fact both on Jun 1st!
4) Silver found a bottom on Jun 13th w/ Bitcoin trailing on Jun 27th
5) Silver takes the lead and breaks out Jul 13th vs. Bitcoin's breakout of July 27th "exactly one month from the bottom" (SILVER WAS 2 DAYS FASTER @ 28 DAYS)
6) Silver backtests the breakout 5 daily candles later vs. Bitcoins next day backtest (4 DAYS FASTER)
7) Silver takes 8 daily candles to get to the full extension point @ $26
8) Bitcoin heading there! within 8 daily candles maybe less. I am betting on Bitcoin making this move far faster due to heavier consolidation. ALL THE WEAK HANDS ARE GONE!
9) $17.2K is the next local top If the same levels are respected!
10) Look for a 30-45% pullback after (possibly closing CME gap @ $9600) (Silver back to $18-19ish) before next leg up Q4 2020 when Bitcoin breaks ATH and sneaks back under for a backtest of support!
11) LONG STORY SHORT IT'S BTFD SEASON BOYS AND GIRLS! THE MOMENT HAS ARRIVED! HODL!
Watch these charts Everyday!Lots to look at every day in the markets. Here is a video of what I have been watching the most carefully as of late!
3 higher highs and a breakout...If you're not Bullish now then you might wanna not trade just buy and HODL is the best strategy!
CME GAP THEORY!Just speculation could be wrong, but I'm cynical about things like this. I think life is men "and women" trying to set each other up to take advantage of one another... The LOVE of money is the root of all sorts of evil! 1 TIM 6:10
