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Indonesia

Composite Indonesia Stock Bull or Bear?The Composite Stock Price Index is one of the stock market indexes used by the Indonesia Stock Exchange. we know now inflation in US already rise and is will be very bad news for any stock exchange, the US and FED will increse the cash rate, so its will be affect to the composite Indonesia. Indonesia Composite already hit all time high in this year after the covid issue make indonesia composite correction around 38%. In my opinion and my analyze, Composite indonesia still strongly bull and if we use wave analyze, now indonesia composite already in way to wave 5, i hope in now its still not yet achieve, because the target when i use fibbonaci retracement combine with fibbonaci extension its will be hit around 7500-7700. and after hit that point will be correction, and in my view the correction will be hit until around 6290-6300. If you have any opinion let's comment in below and we can discuss with your view, if you agree with my opinion i want to say thanks to you. Kind Regard, KA
IDX:COMPOSITELong
by Kelvin03A
1
CRYPTO WINTER ??? #BITCOINAccording to my analysis, most likely bitcoin and altcoins have entered the crypto winter phase. crypto winter can be defined as a period in which the prices of all cryptocurrencies drop drastically below the normal bullish trend values. Generally, during the winter period the market as a whole collapses and will not recover for a long period of time. So bitcoin will have a hard time breaking through the $50k-$55k area in the next few months or even a year, and maybe it can be broken when BITCOIN HALVING 2024. In my opinion, the bitcoin halving will start in early March 2024 and last until January 2025, with an early sign of btc past $55k-$60k. Can crypto winter end quickly???? CAN, AS long as BITCOIN is able to break through $53,000 (AREA CONFIRMATION) in the next few weeks, and stay above $50k. But it must be very difficult, because considering the high level of world inflation, the results of THE FED meeting at the FOMC which will continue to raise interest rates up to 100 bps, the issue of world war 3, rising world oil prices (OIL) which is used as an inflation hedge asset, and extreme fear. on volatility assets. So my advice, you should do 3 things: 1. do a small accumulation on BITCOIN or ETHEREUM every month until bitcoin halving 2024 using cold money. 2. Make quick trades with a profit target of 1-2% on a regular basis with sufficient capital. 3. And if there is a coin/token asset that you have saved and you have lost more than 50%, you should sell it but pair it to btc / eth / bnb. because the price of altcoins can drop even more in the future. The choice is yours, thank you.
by yogarestu55
1