Road to 11450 Part II
Guyzz & Dollzz,
After a big decline for the search and fill of the "still not filled GAP", Bitcoin bounced at around the 9.800 area. Currently it trades at around 10.150 with still some small retraces due to the ever existing "bear-rage".
Personally i think we will not reach the Gap area of 8.500-8700 anymore, due to the following positive sentiment which crawls more and more into the cryptomarket:
* Adoption of the cryptomarket is growing fast.
* Macro economic fall out (read very heavy recession for 2020-2023). This recession will hit the global economies hard. Interest rates have been cut last week, indices falling down (due to a rate cut..lol). Highly rated Government Bonds will redeem worlwide. Cashflow will be huge, but where to invest ? New bonds with a rate of 1,5 - 2% ??? No way.
* Banks like Deutche Bank are at the edge of falling down. Are governments willing and/ or strong enough to pump money in these banks to revive them ?
* Property maybe ? Well, the decline started in Dec 2019. Manhattan declined 9.7% since then. A fall of 30-35% in the big western capitals is on the table.
My idea: sell your house, rent a house for 3-4 years, put your liquidity in 15% gold, 15% palladium and 70% in Crypto.
(And a BIG FAT short position on the NASDAQ).
Wanna play safe ?
Put your money at your bank, get 0.05% interest (if your bank will survive the fall down during the coming recession).
I prefer a nice long position in BTC.
Enjoy the ride.
Unicorn1
After a big decline for the search and fill of the "still not filled GAP", Bitcoin bounced at around the 9.800 area. Currently it trades at around 10.150 with still some small retraces due to the ever existing "bear-rage".
Personally i think we will not reach the Gap area of 8.500-8700 anymore, due to the following positive sentiment which crawls more and more into the cryptomarket:
* Adoption of the cryptomarket is growing fast.
* Macro economic fall out (read very heavy recession for 2020-2023). This recession will hit the global economies hard. Interest rates have been cut last week, indices falling down (due to a rate cut..lol). Highly rated Government Bonds will redeem worlwide. Cashflow will be huge, but where to invest ? New bonds with a rate of 1,5 - 2% ??? No way.
* Banks like Deutche Bank are at the edge of falling down. Are governments willing and/ or strong enough to pump money in these banks to revive them ?
* Property maybe ? Well, the decline started in Dec 2019. Manhattan declined 9.7% since then. A fall of 30-35% in the big western capitals is on the table.
My idea: sell your house, rent a house for 3-4 years, put your liquidity in 15% gold, 15% palladium and 70% in Crypto.
(And a BIG FAT short position on the NASDAQ).
Wanna play safe ?
Put your money at your bank, get 0.05% interest (if your bank will survive the fall down during the coming recession).
I prefer a nice long position in BTC.
Enjoy the ride.
Unicorn1
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