Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)
Hi Fak,
I'll do my best to answer your questions. Here we go...
Well, if you look at my chart and the "example" of the a Wyckoff Distribution Schematic #1, you can see the price action in the DJI Average chart is not EXACTLY like the price action depicted in the Wyckoff Distribution Schematic "example." However, the "events" within each phase of both charts have occurred.
Yes, the bull trend is coming to an end. At least for a couple of years. I'm expecting the markets to drop approximately 70 percent. Similar to what crypto's dropped from All Time High (ATH) to their lows.
If you watch the two following YouTube channels religiously like I do, you will get a lot of "Fundamental Analysis" (FA) to go along with the "Technical Analysis" (TA) I've provided in my DJI Average Publication in a previous post.
To understand my Technical Analysis, you would have to understand HOW to use an indicator called, "Godmode 3.1 Mod with LSMA." You can read the Five (5) Rules I created for Godmode that I posted in the comments section of the following publication if you want to: https://www.tradingview.com/chart/EURUSD/aBjslCC2-Using-Godmode-3-1-mod-with-LSMA-merged-with-Stochastic-RSI/ This way, you might understand better why I'm saying I'm expecting approximately a 70 percent drop from All Time High on the DJI Average.
The IMF has been screaming lately about a DEPRESSION coming soon. However, they are TRYING to lay a narrative to blame it on Trump. In reality, it's the Central Bank's fault. They wanted Hillary to get elected because she would have given them the world war they wanted in order to blame the collapse on the war instead of their
Well, I'm pretty much in total agreement on "most" things with the two (2) following individuals in the links I'm about to provide. Subscribe to their channel and watch them religiously...
X22 Report: https://www.youtube.com/watch?v=xtaypJxrU30
ITM Trading: https://www.youtube.com/watch?v=6Lq6OhDbeAw
I'm believe that is the case based of what Christine Ligard (IMF Chief) total banks to do months ago.
We are heading towards a DEPRESSION. 100% certain of it!!! Even Legard (IMF Chief) says we are. Trump and "Q" have been carrying out a plan to rid the world of our current FIAT system and Central Banking System. If you have kept up with "Q" you would know this. Dave, on X22 Report almost always cover "Q" posts each day during his "Political/Geopolitical" publications.
As to WHY??? Listen to what Dave says in that X22 Report link I provided. Here it is again: https://www.youtube.com/watch?v=xtaypJxrU30
He should be posting a "Political/Geopolitical" publication shortly. The link I posted previously is the "Financial" publication.
No worries... If any more questions, simply ask.
Best regards,
David
I'll do my best to answer your questions. Here we go...
1. Why can't I assume the price action in the Dow Jones Industrial Average chart "must" play out "exactly" as the Wyckoff Distribution Schematic I you provided specially that with taking a close look on the DJ chart, the price was on a bull trend from the late of 2008 or 2009 I think till now and only coupled with few bear-traps or sell-offs and this bull trend must come to end ? Plus you've stated that there is a lot of supply which is not matching the demand so the test of supply here will be produce a negative result which is 'Phase D'.
Well, if you look at my chart and the "example" of the a Wyckoff Distribution Schematic #1, you can see the price action in the DJI Average chart is not EXACTLY like the price action depicted in the Wyckoff Distribution Schematic "example." However, the "events" within each phase of both charts have occurred.
Yes, the bull trend is coming to an end. At least for a couple of years. I'm expecting the markets to drop approximately 70 percent. Similar to what crypto's dropped from All Time High (ATH) to their lows.
If you watch the two following YouTube channels religiously like I do, you will get a lot of "Fundamental Analysis" (FA) to go along with the "Technical Analysis" (TA) I've provided in my DJI Average Publication in a previous post.
To understand my Technical Analysis, you would have to understand HOW to use an indicator called, "Godmode 3.1 Mod with LSMA." You can read the Five (5) Rules I created for Godmode that I posted in the comments section of the following publication if you want to: https://www.tradingview.com/chart/EURUSD/aBjslCC2-Using-Godmode-3-1-mod-with-LSMA-merged-with-Stochastic-RSI/ This way, you might understand better why I'm saying I'm expecting approximately a 70 percent drop from All Time High on the DJI Average.
The IMF has been screaming lately about a DEPRESSION coming soon. However, they are TRYING to lay a narrative to blame it on Trump. In reality, it's the Central Bank's fault. They wanted Hillary to get elected because she would have given them the world war they wanted in order to blame the collapse on the war instead of their
2. What makes you sure that there is an imminent market crash in the making and it will hit us sooner than later ? On what base or reason did you build those assumptions my friend ?
Well, I'm pretty much in total agreement on "most" things with the two (2) following individuals in the links I'm about to provide. Subscribe to their channel and watch them religiously...
X22 Report: https://www.youtube.com/watch?v=xtaypJxrU30
ITM Trading: https://www.youtube.com/watch?v=6Lq6OhDbeAw
3. Do you see governments are stacking on Bitcoin now in a secret manner ? and Why ?
I'm believe that is the case based of what Christine Ligard (IMF Chief) total banks to do months ago.
5. You said, "We have rough times ahead in regards to stock markets crashing, banks closing and governments defaulting on their treasury bonds. I see a total ruin resulting in a RESET of the global FIAT system."
Why we will have rough times ahead ? And do you see this as imminent scenario ? If yes, why ?
Why we will have rough times ahead ? And do you see this as imminent scenario ? If yes, why ?
We are heading towards a DEPRESSION. 100% certain of it!!! Even Legard (IMF Chief) says we are. Trump and "Q" have been carrying out a plan to rid the world of our current FIAT system and Central Banking System. If you have kept up with "Q" you would know this. Dave, on X22 Report almost always cover "Q" posts each day during his "Political/Geopolitical" publications.
As to WHY??? Listen to what Dave says in that X22 Report link I provided. Here it is again: https://www.youtube.com/watch?v=xtaypJxrU30
He should be posting a "Political/Geopolitical" publication shortly. The link I posted previously is the "Financial" publication.
6. Do you see banks have entered into Bitcoin accumulating business or not yet ? If not, what are they waiting for and when do you see this happening ? If yes, based on what did you say my dear ?
I have no proof to show by the markets they are entering into crypto. Not sure if you knew this, but exchanges have other crypto markets for those with LARGE bank rolls who can purchase crypto in blocks of $1 Million and more. You have to PROVE you have that kind of capital to be invited to these exchanges. Binance, BitStamp, CoinBase and Kraken are only a few of those exchanges that have markets for big players to trade LARGE amounts without stressing the market. Also, they are able to buy large amounts at a bargain compared to those of us "retailers" on the regular exchanges.
A lot of questions I know my dear, sorry about that but as you see, I enjoy and want to learn more from you
Thank you for your time and information in advance my dear brother
Warmest regards,
Fakhoury
I have no proof to show by the markets they are entering into crypto. Not sure if you knew this, but exchanges have other crypto markets for those with LARGE bank rolls who can purchase crypto in blocks of $1 Million and more. You have to PROVE you have that kind of capital to be invited to these exchanges. Binance, BitStamp, CoinBase and Kraken are only a few of those exchanges that have markets for big players to trade LARGE amounts without stressing the market. Also, they are able to buy large amounts at a bargain compared to those of us "retailers" on the regular exchanges.
A lot of questions I know my dear, sorry about that but as you see, I enjoy and want to learn more from you
Thank you for your time and information in advance my dear brother
Warmest regards,
Fakhoury
No worries... If any more questions, simply ask.
Best regards,
David