Base Case: BTC will consolidate for the duration of Q2 as the FED are set to rate hikes in June, July & possibly in August/September this year. BTC will look to break out of consolidation in early September (09/12) and mid-October (10/15) towards the $57,000 handle by Q3-Q4 22'. Idea (Long): Entry: $27,000.00 Price Target: $57,000.00 Date Target: Q3 22'
Idea: Long Gold (~May 22, 2022) Price Entry @ $1,704.00. Price Target @ 2000.00
Fibnacci Analysis: Using Price & Time Vix will cut gains in prep for FOMC rate hikes. (Mid-May to Early June) Vix will make gains to prep for FOMC rate hikes. (Early June to Early July) Vix will, then, cut gains post FOMC rate hikes (Early July to Mid July). Vix will, then, make gains to prep for FOMC rate hikes. (Mid-July to Mid-August) Idea...
With all financial markets preparing for the upcoming summer rate hikes, I predict markets will consolidate within a larger than usual range presenting great opportunities for investments. Next Hike: June 15-16, 2022. Hedge Idea (Scale / Intraday): Short: Scale into positions when price breaches 130.000 handle up to the top third end of the range...
Current Price: 1.04 Target Price: 0.99000 Target Date: Q4 2022 (6 month)
Accessing The Risks of BTC ~ Sensitive to US interest rates ~ Correlation to SPX (Is BTC a measure of Global GDP?) ~ Communist Objectives (Finding solution to overthrow USD?) ~ Regulations ~ Global Adoption
Continued Thoughts & Ideas from previous post: Accessing the Risks of US recession ~ Credit & Growth Concerns ~ FED will not Put ~ Equity Revaluations "Bubbles" that have already bust ~ Used cars ~ Precious Metals. ~ Equities, Yields, Bonds ~ Crypto "Bubbles" pending... ~ Housing ~ Agriculture ~ Credit ~ Unemployment