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Monday, May 23, 2022

Bitcoin Will NOT see $60k in 2022

 Hi readers 

I've received a number of emails about the crypto market and when to buy it, and to be honest instead of emailing 36 people its better to just put it out there for all to read.

Its true bitcoin has never seen a bear market in stock to see if it does have any safe heaven status. 

All we have heard is bull shit which twitter warriors, or YouTube posters put up to convince people to keep buy it up.

The astrology moving forward for the crypto markets is side ways to up some what until early July then its going down and not coming back up for a while, this is what my astrology is showing.

Yes the market will dive 20% and then bounce back 10% but thats trading not investing.

A lot of the alt coins will go under and those that are making money and have a good business model will survive. The bull shit coins which are all promise of the potential will fall away.

I totally understand that you have been sold on the idea the bitcoin will be worth $100k plus by year end but I'm prepared to take any bet against this belief. If bitcoin is over $30K by 30th of DEC 2022 it will be extremely lucky.

I'm extremely confident that bitcoin will see $20K and in April 2023 under $11K is very possible.

This is what my work is showing and while many will dispute and call me crazy, its your money to decide what to do.

I also want to make the point the a digital central bank currency is on the way and regulation towards crypto's is going to increase with the amount of people who will end up loosing money. You already having people who got sucked into to buying NFT's which are full of shit, get Fleeced.

The one thing which disturbs me moving forward is that for the last 35 years we the public have been trained to know that cash is trash, and that debt is the only way to mass wealth.

This era of cash is trash is over, you MUST have cash to take advantage of the opportunities which will present themselves. The drop which is coming over the next 16 months will be decade lows. In everything Stocks, Crypto and in Property, but without cash you have no chance of taking the opportunity.

A client gave me permission to put this on the blog .

Sold his investment property 3 month ago and got settlement on Thursday sitting on $2.4 million his put that money into a fixed income bond for 9 months and is looking to invest those funds next year.

Yes your loosing 8% on inflation,gaining 2%interest, netting a negative 6%, but if the markets drop 30% and you have funds to buy, your up 24% straight off the bat.  


As always the above is based on Financial astrology.

Use the above as an indicator to your own work.

Seek your own financial advice on the above.

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