brian7683

brian7683

5T is the 1.618 level on the Fibonachi retracement. That's a 2.5x from here. That would make sense.

brian7683

IMO, yes! How low will it go. That is the question. My feeling is that we should go lower than the last record low of 35% end of 2017. Then we see a mega bounce back up in Bitcoin dominance when a recession hits the US.

brian7683

Look at the consolidation from 1987 to 1992, when it broke out, markets went up for 7 years! It's safe to expect another 20% on the SPX from here.

brian7683 Updated 

Look at this beautiful RSI! It just broke out and retested the support line. Perfect pattern before takeoff. How high will TSLA go? $280 or more?

brian7683 Updated 

Dot Com Bubble (2000): Top Order: Russell 2000 (RUT) -> NASDAQ (NDX) -> S&P 500 (SPX) -> TSX Duration: 182 days Financial Crisis (2007-2008): Top Order: Russell 2000 (RUT) -> NASDAQ (NDX) / S&P 500 (SPX) -> TSX Duration: 366 days 2014-2015 Market Events: Top Order: TSX -> Russell 2000 (RUT) -> S&P 500 (SPX) -> NASDAQ (NDX) Duration: 426 days 2018 Market...

brian7683

For the DOT COM crash + Financial Crisis crash, the market tops happened when US10Y monthly RSI touched 46. Only downhill after. Pay attention!

brian7683

The Nasdaq tops are indicated with red vertical lines. DJI / NDX reaches a LOW when Nasdaq tops. I think in 2024/2025, we'll have something similar. The RSI reached 18.72. We are at 29 now. Still room to go down. When the Dow Jones starts rising vs Nasdaq, sell your investments! The top in 2000 was in March. Could we have a top in March 2025?

brian7683

Oct 1998, the Nasdaq broke out of its range and went up 157% over 459 days. I don't think we'll add 157% from here because of diminished returns and we have less time. Maybe 50%? That a Nasdaq at 30,000! It's at 20,000 now. That would be CRAZY! The Top between October and January IMO. What do you think? How high and when is the top?

brian7683

The Bitcoin top happens when USDT dominance reaches a bottom and hits a resistance. If you look at the top for altcoins (OTHERS), they happened on average 1 month after the Bitcoin top. The altcoin season happens when USDT dominance ranges sideways. IMO, USDT dominance will crash from late July until Oct/Nov 2024. From 5.5% to 2.5%. That will be glorious for...

brian7683

On Mars 2000, the Nasdaq peaked. That's also when the ratio RUT/NDX fell at it's lowest. The same thing is happening today. The ratio RUT/NDX is falling quickly! I suspect we reach the lowest in September. Maybe a good time to sell some investments!

brian7683

It's a clean break of the trendline in the RSI. On the monthly and it's almost over so that candle will be final. Bullish on Ethereum vs Bitcoin.

brian7683

ARK will break out from the resistance line at $55. It'll reach maybe $90 or $100 before crashing hard (like the rest of the stock market). Rebuy in 2026 IMO.

brian7683

I'm very conservative saying I'm expecting a 2x from here. 279B$ to 800B$.

brian7683

Diminishing returns so I'm thinking of instead of a 20x, we get a 10x. From 50c to 5$. ATH Oct-Nov 2024.

brian7683

When Canada's unemployment rate starts increasing, the TSX is generally at an all-time high and starts crashing as the unemployment rate goes up. When will the top be in 2024? August? The unemployment rate has risen by 1% in the last year. Every time that happened, a recession followed. How bad will the crash be?

brian7683

An interesting chart appears when you divide the Consumer Staples Index XLP by SPX. In 2000, XLP/SPX reached the bottom, the top in SPX was 153 days later. IMO, same thing will happen in 2024. Feb 1, 2024 XLP/SPX reached its bottom. 153 days later is in July 2024. Will July 2024 be the top in US + Crypto markets?

brian7683

Could it go higher than 20,000? That's we 10% higher than today price. Melt up not done.

brian7683 Updated 

If you think this chart looks bullish and a bounce could happen here, then that means altseason could start soon! This chart shows the SMALL ALTCOIN DOMINANCE. I exclude all the big coins. (CRYPTOCAP:TOTAL3-CRYPTOCAP:BNB-CRYPTOCAP:XRP-CRYPTOCAP:USDT-CRYPTOCAP:ADA-CRYPTOCAP:DOGE-CRYPTOCAP:SOL-CRYPTOCAP:DOT-CRYPTOCAP:USDC)/CRYPTOCAP:BTC