GAIN CAPITAL
‘’All paper money eventually returns to its intrinsic value - ZERO" (Voltaire 1729) "Fiat is the scam that enables all other scams."
I DO NOT SELL COURSES 🗣️
Want to know the easiest cheat code to double your bitcoin?
1. Swap it for ETH.
2. Ride the ETH/BTC ratio from 0.028 to 0.056
3. Sell ETH back for BTC.
4. Doubled BTC. ✅
Not financial advice. Just sharing an observation.
The Global M2 Supply (yellow line) predicts a bitcoin and stocks blast-off date of March 12th, approximately.
This M2 data has been shifted forward by 52 days. I explain this in detail in my recent video: x.com/ColinTCrypto/s…
$ETH bull run price target $15k-$16k (green box)
A few people, like @intocryptoverse, think ETH may "go home" (meaning: re-visit that lower white trend line). [see source in next reply]
I personally don't think it will do so, as we're too far along in the bull run cycle.
What do you think ETH will do?
1. head to the green box, or
2. head to the lower white line?
POWELL: WOULD USE QUANTITATIVE EASING ONLY WHEN RATES ARE AT ZERO.
Here's the path to Rates returning to 0%.
Prediction:
By the time the Fed Funds rate is back near zero we will have already had a financial crisis of some sort.
Will FTX repayments be fuel for the next leg of the bull run?
I think it's possible, since BTC has consolidated for a long enough amount of time already.
Coming from FTX, that would be ironic wouldn't it? FTX collapsing was the last leg down in the bear market.
Peter Brandt makes a good point:
For BTC to reach $1M+ (which I firmly believe it will achieve), Bitcoin will HAVE to break to the upside of the parabolic channel (see image).
This would be REQUIRED to reach $1M+, as the curve of the parabola isn't steep enough to reach $1M by staying within the channel.
Such a breakout would be MAJOR, with a very high target.
I think it will happen. Not this cycle though. Probably the next cycle. My guess is by 2030-2032 we see a $1M+ BTC.