Waiting For Btc To Hit 4000-3800, Then All Balls In!

[Workbox]

Supposedly, there are large institutions about to drop huge amounts of money, because the demand for a diverse economy is getting loud by the younger crowds.

 

[Meandering]

Supposedly, there are large institutions about to drop huge amounts of money, because the demand for a diverse economy is getting loud by the younger crowds.

CNBC
Published 10:16 AM ET Sat, 26 Jan 2019 Updated 12:42 PM ET Sat, 26 Jan 2019
Bitcoin investors are running from the crypto to invest in gold this year: ETF strategist

 

[Workbox]

CNBC
Published 10:16 AM ET Sat, 26 Jan 2019 Updated 12:42 PM ET Sat, 26 Jan 2019
Bitcoin investors are running from the crypto to invest in gold this year: ETF strategist

CNBC has never been a good source for me to view, since I have witnessed many times the reversal of what they state.

That stated, Gold is going to be a big player and is also getting setup for a huge trend change along with silver. All this has to do with a paradime change in our economic institutions. My sources are an aggregate of many folks that are harden traders, economics, political economics, boots on the ground workers in specific fields, etc.

After awhile and enough analysis, you just take the risk to reward position.

 

[Meandering]

No risk here.

Just rub the appraiser's magic crystal ball and it'll tell you the future.

 

[Joe Flacco]

Gold does look good though.

 

[Workbox]

I believe these 2 cover a good spectrum of both BTC, Gold and outlook.

 

[Joe Flacco]

Nice six year base for Gold. Out of box confirms uptrend. Higher highs and higher lows.

You want to see Bitcoin doing something like this before accumulating. Building a base. Equal highs and higher lows. Bitcoin / Crypto is doing nothing like this. Bitcoin probably has years to go before it looks like it is building a base.

 

[Workbox]

Joe, BTC and Alts are already building a base, along with Metals.

 

[Joe Flacco]

No, they are not.

 

[Joe Flacco]

Argument could be made that it is building a short term base for a move towards $5-6k. But no evidence of building any kind of base for a new long term uptrend.