Post
Topic
Board Speculation
Re: PnF TA
by
klee
on 22/07/2015, 09:37:29 UTC
Gold target 500$. Worst case scenario 300$.
If BTC decouples it will go at least 2000$.
If not targets are about 100$ and 50$ respectively.

Gold and BTC were moving in the past both in parallel and anti parallel. Interesting to see where this will go!

What's your time frame for gold and btc bottom? October isn't far away if they will coincide with Armstrong/anonymint predictions. Either we some serious **** take place soon or the bottom will be later imo.
Bear markets tend to be faster than bull ones, so maybe 1-2 years for Gold, maybe more. Not easy fot a market cap of this size to move so fast as BTC.

BTC if closes below 230 will need at most 1.5 months IMO to hit bottom. So in this case Armstrong is correct. Not sure he will be for Gold though. But stranger things have happened...