BTC Weekend Bull Posting
In the face of tightening monetary policy by the FEDs, this scenario is probably not going to
play out.
However, in case that if it does, this is what I think that is going to happen:
play out.
However, in case that if it does, this is what I think that is going to happen:
- FED announce the speed up of the taper schedule during 15th December Press Conference
- Stock Markets start tanking even further, but BTC hodls the range
- For the next 3-5 months, stock markets go all red, however, the BTC stays in the range (like May-July range)
- At the end of it, stock markets slip too much and the FED are forced to restart their money printing activities in order to prevent a total economic collapse
- BTC breaks out of the months long range, proceeds to Mission $100,000.
- Fractals align so perfectly that my mind wants to believe that this can actually happen!
- Bullish view will get invalidated as soon as the price breaks and closes below the red line on the daily.
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