Expecting a second retest next year. Maybe at 13.5K range. Hopefully also when recession hits USA and FED pivots .
Using a PE ratio of 16 or 18 and minus 20% drop in EPS, I get at least 2600 to 3000 for US500. This also aligns with the long-term trend since 2000.
Thank you Wyckoff for educating us. Please read from top to bottom. Be careful, don't trust the moon boys. You are just getting dumped on by the smart money that came in at 3,000 to 7,000. Buy the FUD. Sell the FOMO. Think long term.
Just stating where I think important places are for BTC. You gotta stay for 2-3 more years.
Expect ETH to be 800-1K + when ethbtc reach 0.0265 to 0.033 Buy eth when 1)800-1K and 2)when ethbtc is at around 0.0265 &0.033
Thank you Wyckoff. This Cycle Bottom's price target at around $1000. That would also be a capitulation price. Max fear! We could get it this or next year, I don't know. I can only monitor.
Am I am painter or stock market operator? Inspiration from: 1) Warren Buffet 2) Wall Street Cheat Sheet Psychology of a Market Cycle 3) Dot Com Bubble and GFC crash ( I think we are in for a crash of this calibre) 4) FED Interest Rate Hikes 5) Histroical Average Returns of SP 500 6) TA 7) Expectation of Inflation
We are at the beginning of the end. Get ready. Dont be surprised.
From Investopedia: Low unemployment is usually regarded as a positive sign for the economy. A very low rate of unemployment, however, can have negative consequences, such as inflation and reduced productivity. When the labor market reaches a point where each additional job added does not create enough productivity to cover its cost, then an output gap, or slack,...
Showing me the same setup as the other major coins. Don't fight Wyckoff. The best of the best follows Wyckoff. Should you?
Wyckoff Distribution 1 on LUNA A few more days of consolidation and time should be up for Luna. Let's see.
If I am right moment since I see Crypto Twitter posting "if I am right posts too"
Market Cycle Market Cycle Market Cycle There is always a pattern. Will this pattern stay for long?
Market Cycle Market Cycle Market Cycle There is always a pattern. Will this pattern stay for long?
Can we all pump some money in to support this inverse head and shoulder at around 40K? TYVM