|
|
Created on: 6/6/2021 4:47:16 AM Last Update: 6/6/2021 4:53:55 AM Posted by: RTT WARNING: This entry is 345 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Bitcoin to $200,000 Review
|
Here is why BTCUSD to $200,000 is now on the table in 2021.
During a period of heavy money printing with higher debt levels the FED must choose between two of the following to avoid a collapse: 1) Higher stock prices. 2) Keeping the economy and employment positive. 3) US dollar strength.
The above is known as the economic 'Dollar Trinity' choice.
The FED and the DEM's (US mid terms 2022) will choose a higher stock market and keeping the economy positive, this means the US dollar is due to suffer weakness.
Bitcoin will do well during US dollar weakness. But how high will BTCUSD go in 2021, lets see how Max Keiser worked out his $225,000 USD price target for 2021.
POINT: Channels drawn correctly are the path for price action.
Click for popup. Clear your browser cache if image is not showing. 

NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.
Support this work by buying us a hot drink by CLICKING HERE. If you would like make greater contribution, please make a donation by CLICKING HERE
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
..."They say you never grow poor taking profits. No, you don’t. But neither do you grow rich taking a four-point profit in a bull market."..
Jesse Livermore
...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”...
Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).
.."Wait for that wisest of all counselors, Time"..
Pericles
.."A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. If bureaucrat makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you"..
Ayn Rand
.."Until an hour before the Devil fell, God thought him beautiful in Heaven"..
Arthur Miller, “The Crucible” [Contrarian Investing]
|
|
|
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund
|
|
 | Pages |
| | 1. Blog Performance Review |
| | 2. List of the best blog posts |
 | MostRecent |
|  | Powell doing a Volker to crush inflation, yeah right! |
|  | RTT browsing latest.. |
|  | US debt is being rejected by big money |
|  | World Sovereign Debt Risk Front and Center |
|  | RTT browsing latest.. |
 | Ney(1) |
 |  | US Dollar with Ney and Gann Angles |
 | Crypto Currency(23) |
 | Central Banks(11) |
 | Crisis Watch(9) |
 | Wyckoff(2) |
 | Cycles(4) |
 | Gann(13) |
 | Chart Review(12) |
 | Browsing(113) |
 | RTT TV(15) |
 | Sector Watch(26) |
 | RTT Tools(43) |
 | Wyckoff 2.0(42) |
 | Mystery Trader(6) |
 |  | Elliot Wave within Wyckoff Logic |
 | Market Strategy(70) |
 | Cycle Review(65) |
 | Swing Trade Idea(48) |
 | Market Calls(23) |
 | Investors(105) |
 |  | Hidden Pivot Point and Wyckoff logic |
 | News(7) |
 | Bonds(18) |
 |  | Higher interest rates for the 2020s (RTT Plus) |
 | Metals and Forex(155) |
 | Gann Wyckoff Hurst(119) |
 | Wall Street(25) |
 | Ticker Review(35) |
 | Uncategorized(2) |
 | Market Review(95) |
 | Jokes(28) |
 | Economic(88) |
|  | Powell doing a Volker to crush inflation, yeah right! |
|  | Bubble Watch - Maybe it only just started, Dow 50000 - Update 1 (RTT Plus) |
|  | Bubble Watch - Maybe it only just started, Dow 50000 (RTT Plus) |
|  | US is bound by these economic rules (RTT Plus) |
|  | Dow Jones Utility index could trade like the FANGs |
|  | Funds are getting ready to move out of USA |
|  | US Economic Review 2019Q4 |
|  | Bond Market, Houston we have a problem! |
 | 202205(3) |
 | 202204(3) |
 | 202203(3) |
 | 202202(2) |
 | 202201(4) |
 | 202112(5) |
 | 202111(4) |
 | 202110(3) |
 | 202109(5) |
 | 202108(5) |
 | 202107(8) |
 | 202106(9) |
 | 202105(7) |
 | 202104(4) |
 | 202103(7) |
 | 202102(6) |
 | 202101(8) |
 | 202012(3) |
 | 202011(5) |
 | 202010(3) |
 | 202009(4) |
 | 202008(4) |
 | 202007(4) |
 | 202006(3) |
 | 202005(5) |
 | 202004(4) |
 | 202003(10) |
 | 202002(5) |
 | 202001(5) |
 | 201912(5) |
 | 201911(5) |
 | 201910(7) |
 | 201909(5) |
 | 201908(4) |
 | 201907(5) |
 | 201906(5) |
 | 201905(7) |
 | 201904(5) |
 | 201903(8) |
 | 201902(5) |
 | 201901(6) |
 | 201812(4) |
 | 201811(5) |
 | 201810(7) |
 | 201809(4) |
 | 201808(6) |
 | 201807(5) |
 | 201806(4) |
 | 201805(7) |
 | 201804(6) |
 | 201803(4) |
 | 201802(7) |
 | 201801(6) |
 | 201712(7) |
 | 201711(6) |
 | 201710(7) |
 | 201709(5) |
 | 201708(5) |
|  | Reading the tape of ticker: Silver (SLV) |
|  | Gold steps formation is bullish |
RSS
Atom
FeedBurner| Email Delivery
Blog Links
Symbols used in blog
AAPL AMZN AORD AUY BA BB BMY BTC COP CRUDE DIA DJI DJT DJU DXY ETH EUR FB FCX FXE GDX GDXJ GLD GOOG HL HMY HPR HUI INDU JJC JNJ LTC MCD NCM NEM NFLX OIL PALL QQQ RGLD SLV SPY SSEC SSRM TLT TNX TRAN TYX UAN URG UTIL VIX XAU XLE XLU
|