GeronimoGroovy

GeronimoGroovy

Seems we are channel now much like we were in 2015/6.

GeronimoGroovy

Nobody knows, many uncertainties, including macro economic conditions. This is just an educated guess.

GeronimoGroovy

Maybe now is the start of a new Chinese bull market, they are opening up again after Covid and likely to stimulate economy.

GeronimoGroovy

If you look at the channel of gold since 1968 and the tailwind of inflation and asset bubbles now deflating, gold looks like a good place to not only hide, but to produce good returns in next few years.

GeronimoGroovy

In March 2020 pandemic shock the $ went up against almost all currencies, except the CHF, which gained 7% against the $. Thinking to myself that as $ is now being weaponised, countries will be urgently trying to find an alternative. Could CHF gain from this and breakout against the $?

GeronimoGroovy

Critical point, which way will BTC break, up or down and what are the price targets?