Targeting Spring 2023 for high volatility. VIX could be off the schizo charts
👁️ https://www.youtube.com/watch?v=KP1OvbFB3wo
BTC mid-late Jan 2023, min. 14.5k, max. upper 9000s given how it tends to move 3 months in advance of the SP500. Could be wrong as it's a projection, but be careful. Also, there is a case for bitcoin bulls as we did retest the previous all-time high total crypto market cap
, which could hint toward ~15K being the bottom following the collapse of FTX. Im not certain about this considering BTC continues to corr. with the sp500 and there's a lot of room for it to drop, thus carrying btc along with it. Also, there isn't enough demand or a liquidity event like the covid stimulus to justify buying bitcoin knowing how in the west, private savings are being obliterated.
SP500 will be tricky as compared to 1929, the deflationary aspects in high tech like software have not been accounted for when the fed considers policy. where inflation is needed to supply enough liquidity from the value/wealth generated from them. could see it kick in after the market drops as markets generally follow the pattern of inflation -> deflation -> hyperinflation.
more than likely they will fuck up with the timing of the pivot and crash it since they're full of boomers who've read textbooks that haven't caught up with the exponential % increase of high tech expressed in global GDP compared to other generations like the industrial era of the 1900s.
most tech jobs were laid off in anticipation of an economic downturn.
then again it could be cope as all bull traps are found when bears and bulls exchange perspectives. add that the native common man/boy could be demoralized beyond all belief to participate in the economy. Then again, this decline could be related to the increased labor force participation among women.
The singularity is coming!
Trade BTC:
SHORT
E: 17.4K
SL: 19K
TP: 14.5K, 12.5K, 11K
Trade SPY:
SHORT
E: 395
SL:418
TP: 280, 250, 230
👁️ https://www.youtube.com/watch?v=KP1OvbFB3wo
BTC mid-late Jan 2023, min. 14.5k, max. upper 9000s given how it tends to move 3 months in advance of the SP500. Could be wrong as it's a projection, but be careful. Also, there is a case for bitcoin bulls as we did retest the previous all-time high total crypto market cap
SP500 will be tricky as compared to 1929, the deflationary aspects in high tech like software have not been accounted for when the fed considers policy. where inflation is needed to supply enough liquidity from the value/wealth generated from them. could see it kick in after the market drops as markets generally follow the pattern of inflation -> deflation -> hyperinflation.
more than likely they will fuck up with the timing of the pivot and crash it since they're full of boomers who've read textbooks that haven't caught up with the exponential % increase of high tech expressed in global GDP compared to other generations like the industrial era of the 1900s.
most tech jobs were laid off in anticipation of an economic downturn.
then again it could be cope as all bull traps are found when bears and bulls exchange perspectives. add that the native common man/boy could be demoralized beyond all belief to participate in the economy. Then again, this decline could be related to the increased labor force participation among women.
The singularity is coming!
Trade BTC:
SHORT
E: 17.4K
SL: 19K
TP: 14.5K, 12.5K, 11K
Trade SPY:
SHORT
E: 395
SL:418
TP: 280, 250, 230
Comment:
Forgot to mention, BTC could hit ~19K before reverting back down to the TP targets noted prev. So again, be careful.
