brian7683
EssentialWe are getting one last upward push before the big crash. I think we'll reach the psychological level of $200 before the price crashes.
Ethereum will get 6200$ by summer 2024. It'll hit the resistance line dating back 2016 before going back down. We have 6 great months ahead of us! Will we get ETH ETF soon which should help the price?
I do not think the SPX and other markets have reached their ATH yet. We have another 6-8 months until SPX reaches 5000 in a blow-off top around summer 2024. The Unemployment Rate will continue slowly rising until the summer of 2024, when it reaches 4%, expect an acceleration in unemployed workers. The Fed might raise the Fed Fund rate 1 or 2 more times, or they...
Look at the DOT COM bubble and financial crisis. Markets crashed after the US02Y started going down. For the DOT COM bubble, the market top happened 151 days after US02Y peaked. For the Financial crisis. the market top happened 486 days after US02Y peaked. That's a huge difference! Currently, US02Y is still rising! If US02Y tops in November / December 2023,...
The US30 Dow Jones Industrial has broken out of the resistance. How high will it go? 38,000?
This chart is sooo perfect! Bullish Falling Wedge ADAETH seems like it wants to break out!
Beautiful chart pattern! Price is creating a spring to send it to 23,000 in the next 3-6 months. Get ready!
ETH dominance is going the wrong way! It is breaking the trendline that started in 2020. Does this mean BTC will FAR outperform ETH in the coming months? With the BTC ETF, that could be the trigger. My favorite situation would be that ALTS become stronger and take dominance from ETH. Likely?
If we don't bounce, it could get ugly. But I'm an optimist. The ETFs will be approved in October IMO. Then 3-6 months of crazy gains before a big crash.
DXY has reached the trendline and will reverse IMO. DXY will go lower in the next couple months.
The VIX has hit a major resistance line dating back Nov 2017! It will be impossible to breach IMO. Volatility is about to go back down in a major way.
Look at that latest weekly candle! Hammer doji! Bullish! When we break the diagonal trendline, it'll be party time!
This makes me very happy! It's a good sign for alts vs Bitcoin! They might start outperforming BTC finally!
Let me dream a little! You can see the BTC.D chart has broken down on the RSI and is under the trendline. This trendline acts as a resistance if price goes back to it. Could the Bitcoin dominance have topped at 52%? I would LOVE to think so! Ben Cowen is expecting dominance to reach 60% before ALTS start outperforming BTC. Maybe... Time will tell!
Every time the yield curve has gone negative, a market crash follows eventually. The trick is knowing when that happens. Nobody knows. When the yield inversion starts rising again, that's a sign it's about to pop. Better start selling out of markets into USD. DXY will start rising again eventually. Looking at the charts, my guess is 6 months tops before we reach...
Big upwards explosive until end of 2023, early 2024 before a big crash. We'll see!
The NASDAQ will rise to create a double top pattern. Then mega crash. Top around Sept 2023
If you divide the Nasdaq by the M2 Money Supply, you can see we have not even reached 2000 Dot Com bubble levels. Increadible! They printed a crap load of money! The money supply has increased quickly! IMO, we will reach the same level as DOT COM bubble before crashing hard. Aiming for late 2023, early 2024. Selling at the right time will be key! IMO, we have...