"I" would like to share with everyone some of "MY" thoughts on "Bitcoin" and a few other "MARKETS"
=============================================================================================
#1 = "I" think these are the --"Top Twelve Support Levels"-- for--"Bitcoin" -- At this time --"12-13-2017"
----- These support levels shown below are -- "Prior Lows Only" --- Other support levels do exist.
----- "All" of these correction lows were made after -- "NEW MAJOR ALL TIME HIGHS WERE MADE"
==============================================================================================
a = "12-09-2017" = $12,701.05 = Low
b = "11-30-2017" = $9,000.00 = Low
C = "11-12-2017" = $5,555.55 = Low
d = "9-15-2017" = $2,972.01 = Low
e = "7-16-2017" = $1,830.00 = Low
f = "3-25-2017" = $891.33 = Low
g = "1-14-2015" = $152.40 = Low
h = "4-12-2013" = $45.00 = Low
i = "3-7-2013" = $33.00 = Low
j = "8-13-2012" = $7.10 = Low
k = "11-21-2011" = $2.25 = Low
l = "10-17-2011" = $2.22 = Low
==================================================================================================================
#2 = "I" would like to share "ONE" of many paths that ---"Bitcoin"--- and a few other "Markets"
"Could"- take when the -"Mania"- is over - ("Bubble Burst")
The others paths are all very Similar to this one. --"Manias"--"Bubbles"--"Always Bust"- sooner or later. It is just matter of time.
----- Check Out -- "USOIL" -- "WTI Crude Oil" -- "Monthly Long Term Chart"
----- Starting Date = "August, 2005 High" -- to the -- "January, 2009 Low"
====--------------------------------------------------------------------------------------====
"I" think there is a 66.7% or better chance something like this will happen.
"Sooner" or "Later"--"When The Mania Ends"---"Bubble Burst"--- Call it what you like.
From what "I" understand "Bitcoin" is backed by nothing. --- If this "Is Not" correct "Please" correct me.
If this is correct why would anyone want to buy something that is backed by nothing " ? "
"I" think this is just plain stupid. --- What do you think " ? " --- What am "I" not seeing.
====================================================================================================================
# 3 = The "US DOLLAR INDEX" -- and many other -- "U.S.A. Markets" -- Could be headed in this direction. -- "Sooner" - or - "Later"
"I" think the "US DOLLAR INDEX" may have already started. ---"Only Time Will Tell"---"I" could be 100% wrong about this part. (#3)
Check Out --- "USdebtclock.org" --- When you get a chance.
=====================================================================================================================
#4 = "I" think "Bitcoin" and a few other "Markets" are like a bad case of "Constipation" --- What do you think " ? "
"I" do know one thing when the "Bubbles Burst" to the downside -- ("Out The Backside") -- it will be a big mess.
"I" would recommend buying one thing --- "Toilet Paper" and a lot of it. --- "Stock Up Early"
If demand is higher than supply. --- ("Price Gouging" may set in.)
=======================================================================================================================
This is for information only. --"Education Only"-- This "Is Not" a recommendation to buy or sell anything. (Other than "Toilet Paper")
Thanks for listening,
"One Eye Jim"
jeffreyjim
⋅
"I" just "LOOKED" out my front door.
"I" did not see a recession.
"I" do think a "Recession" is coming, just not today or tomorrow or the next day.
====================================================================================
When this happens we will see a "Recession" approx. -- 6 to 24 months later.
Study up on the --- "Inverted Yield Curve" -- and -- "Recessions" -- in the -- "U.S.A. America"
("10 Year" -- Minus -- "2 Year" -- "Notes") --- "You" may want to -- "ADD" -- a chapter in your book about this.
=========================================================================================================
"You" should look at some long term charts and study about what -- "Silver" -- and --"Gold" -- did during "Recessions"
"You" may want to -- "ADD" -- a chapter in your book about this.
==========================================================================================================
"I" agree about the "U.S. Dollar Index" at this time. -- If the "January 3, 2017" high is not taken out. -- 103.82 = High
"I" think the "U.S. Dollar Index" will take out the -- "March, 2008 Low" = 70.70 -- In The next few years.
===========================================================================================================
This is for information only. -- "Education Only" -- This "IS NOT" -- a recommendation to buy or sell anything.
"I" could be 100% wrong about this. -- "Only Time Will Tell"
greenseagod2
⋅
This is absurd.
WLGoodman
⋅
Based on what data?
intcommfund
⋅
@WLGoodman, Hello. We are publishing a book and we will send you a free sample where we explain it all. Greetings WLGoodman
=============================================================================================
#1 = "I" think these are the --"Top Twelve Support Levels"-- for--"Bitcoin" -- At this time --"12-13-2017"
----- These support levels shown below are -- "Prior Lows Only" --- Other support levels do exist.
----- "All" of these correction lows were made after -- "NEW MAJOR ALL TIME HIGHS WERE MADE"
==============================================================================================
a = "12-09-2017" = $12,701.05 = Low
b = "11-30-2017" = $9,000.00 = Low
C = "11-12-2017" = $5,555.55 = Low
d = "9-15-2017" = $2,972.01 = Low
e = "7-16-2017" = $1,830.00 = Low
f = "3-25-2017" = $891.33 = Low
g = "1-14-2015" = $152.40 = Low
h = "4-12-2013" = $45.00 = Low
i = "3-7-2013" = $33.00 = Low
j = "8-13-2012" = $7.10 = Low
k = "11-21-2011" = $2.25 = Low
l = "10-17-2011" = $2.22 = Low
==================================================================================================================
#2 = "I" would like to share "ONE" of many paths that ---"Bitcoin"--- and a few other "Markets"
"Could"- take when the -"Mania"- is over - ("Bubble Burst")
The others paths are all very Similar to this one. --"Manias"--"Bubbles"--"Always Bust"- sooner or later. It is just matter of time.
----- Check Out -- "USOIL" -- "WTI Crude Oil" -- "Monthly Long Term Chart"
----- Starting Date = "August, 2005 High" -- to the -- "January, 2009 Low"
====--------------------------------------------------------------------------------------====
"I" think there is a 66.7% or better chance something like this will happen.
"Sooner" or "Later"--"When The Mania Ends"---"Bubble Burst"--- Call it what you like.
From what "I" understand "Bitcoin" is backed by nothing. --- If this "Is Not" correct "Please" correct me.
If this is correct why would anyone want to buy something that is backed by nothing " ? "
"I" think this is just plain stupid. --- What do you think " ? " --- What am "I" not seeing.
====================================================================================================================
# 3 = The "US DOLLAR INDEX" -- and many other -- "U.S.A. Markets" -- Could be headed in this direction. -- "Sooner" - or - "Later"
"I" think the "US DOLLAR INDEX" may have already started. ---"Only Time Will Tell"---"I" could be 100% wrong about this part. (#3)
Check Out --- "USdebtclock.org" --- When you get a chance.
=====================================================================================================================
#4 = "I" think "Bitcoin" and a few other "Markets" are like a bad case of "Constipation" --- What do you think " ? "
"I" do know one thing when the "Bubbles Burst" to the downside -- ("Out The Backside") -- it will be a big mess.
"I" would recommend buying one thing --- "Toilet Paper" and a lot of it. --- "Stock Up Early"
If demand is higher than supply. --- ("Price Gouging" may set in.)
=======================================================================================================================
This is for information only. --"Education Only"-- This "Is Not" a recommendation to buy or sell anything. (Other than "Toilet Paper")
Thanks for listening,
"One Eye Jim"