Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
sidhujag
on 29/09/2017, 15:03:03 UTC
You may want to click this quote to go read all the discussion about possible direction in crypto prices.

Your thoughts?

[…]

Quote
If the DOW closes below Armstrong's number of 21431, I'll be selling more crypto.

Martin Armstrong is stating (to paid subscribers) that either DJIA solidifies above 21000, else we could have a SLINGSHOT correction, that initiates a blastoff to new ATHs above 27000+. Either way, the 27000+ level will be breached over the next year or two. I agree crypto has a related pattern, that we either bottom here above $3000, else we could see a SLINGSHOT correction much lower, but in either case crypto is headed much higher over the next year or two. However, the composition of which tokens gain and lose could change significantly with the banning (forced delisting on exchanges) of unregistered ICO issued tokens underway already in several nations and the uncertainty over which fork of BTC will win.
If dow goes below 21k ill be buying more crypto.. a big crash in dow is inevitable.. forget your slingshot nonsense. Crypto is on an S curve.. not a bubble.