The next level to look for in my eyes if the USD continues to gain
strength (other than typical psych levels) is 100.0 ish.
Refer to this chart & other postings of mine regarding the DXY/USD if your
looking to get a better grasp of my perspective. (Links below) It is also important
to keep in mind the weight of the incoming news this week. Remember to
use...
It’s again quite simple. 8892 is only 10% lower from here. That’s just still not enough PE compression. We are still up 525% since January 2010. That’s ridiculous. Purely liquidity melt-up not based on any fundamentals. Earnings were also a garage.. If you know this now you’ll take the red pill and understand how Marcus will work going forward and how they always...
Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency.
The end goal for Dogecoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.
It's really that easy.
If you don't believe me...
Just an opinion of what I think about BTC's current movement on a chart.
This is NOT financial advice. Do your own research.
Let me know what you think, if you agree or not
I'm just saying wave 4 never crosses into wave 1.... we're close. ... maybe a 53,500 then back. (i dont care about all the other fud and fake gurus)
DEMAND HIGH SUPPLY LOW REMEMBER APPLE IN 2013 (14.48 TO 25.74 99.230%ish increase) .
BTC 50K 95% INCREASE OVER THIS BULL RUN =97,500
Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency.
The end goal for Bitcoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.
It's really that easy.
If you don't believe me...
Analysis –
CADJPY | D1 | BEARISH
A simple example of market structure,
This is a lesson we've all studied in nursery.
What happens when price reaches the support / resistance?
I know what you're thinking...
It can either reverse or breakout.
At the same time we have to use our intelligence, intellect and intuition; our instincts and common sense — in...
ULTA had the last stand, amongst global markets heading south. But today ULTA was thrown off track. I've been stalking ULTA from 2016. Two years? No problem. Why? Because it was a risky one to go long for the last two years - and I didn't have the financial muscle to take it on. But in the last couple few days I saw a weakening of momentum, and made that judgement...
Imagine you tell people anyone can become a billionaire, imagine you tell people to mindlessly "just buy the index" "It keeps going up!".
Imagine you have guys like Tony Robbins ("motivator", exactly what people love) and Warren Buffet telling people to start buying the index in their 20's and keep buying their whole life.
"You can do it" "Believe in yourself"....
