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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 388 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Bitcoin to $200,000 Review
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 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.
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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.
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Investing Quote...
..“The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street, even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.”..
Jesse Livermore
..."There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote. It is merely the difference between murder and suicide"...
Ayn Rand
.."A market is the combined behavior of thousands of people responding to information, misinformation and whim"..
Kenneth Chang
.."It's easier to fool people, than to convince them they have been fooled"..
Mark Twain
..."If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed."...
Mark Twain
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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
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