Using Wyckoff on Logarhitmic chart for BTC. New analysis concept. We see that BTC has a long way until target zone is reached.
Target 197k per BTC using LOG scale analysis
Note: BTCUSD is the yellow/orange curve. Many has not yet entered the blockchain and crypto opportunity as an investment for long term growth. This opportunity will be sorry to lose if you don't have access to buy. BLOK is an ETF allowing normal stock traders to buy and invest in blockchain and crypto and enjoy the growth. This ETF is a excellent way to invest...
You can see that Dollar Index is influencing Silver. Silver is laggy following DXY. As can be seen from the Dollar Index DXY, it caused a financial crash in 2008 at ATL (bottom). Now DXY is rising continously. Target for DXY is 140 points. Target for Silver is $70/ounce.
Go all in NOW!! TQQQ invest for 5 next years. Asianic trade deal changed the entire planet and future. Long from here. Cancell all crash.
Crash happening now! May 2016 was somewhat unexpected. Growing on tech hopium. Now hopium is over. Reality sets in. Trend is downward until October 2021. Could either take Route A and hit 600 points or Route B and hit 1600 points then 600 points in September 2029. We are currently at ATH (all time high) and we won't see more heavy buyers (support, liquidity)...
Market cooldown, rich re-enter next 10 years
USOIL $10-15 for the next 20 years
Huge dump coming to allow rich re.enter
This graph shows the relation GDP-SPX. We see that SPX and GPD are closely correlated. The higher the GDP growth, the higher the SPX growth. Credit/cash does not matter, as long as people live daily and buy. But according to TA we see that momentum proving a downward trend and stochastic shows we have been in the overbought for several decades. Stochastic shows...
DXY ready to pump (97-100 region) GOLD ready to dump (1600-1700 region) OIL ready to dump due to continous wave COVID (24-28 region) SPX ready to pump like in July 2020 (3700-3800 region)