Bull case through 2026 for BTC. Comparing 2017 to 2024 in this scenario, as 2023 looked very similar to 2016. This is just a bull case scenario; there are certainly bear cases to be made as well.
Bullish continuation, nasdaq bias is generally up. Not trying to predict the next crash.
Addition to previous idea on fed rate trend..
Just an idea based on higher highs in us equities v lower lows in fed interest rate, tracking from the 1980's. Currently overbought and heading for trend line. Recessions followed the last three touches which were overcome by sending interest rates lower each time. Are we headed for negative interest rates in 2021-2022?
Very broad idea based on the DJI Monthly chart, channel lines seem respected since the 1930's.
Inverse head and shoulders ran out of steam and is forming a descending triangle with targets of 1.14200(approx) and 1.13200(approx) as noted in chart. Given the recent rejection(early 2018) of the long-term monthly descending trend line, this may be a good opportunity to get in a long term short position with a target of 1.0550 or lower.
Overall trend is down, only playing short side of this on breakdown below the support line. May breakout the top of the descending channel and will miss that if it happens- just an idea based off a recent, repeated pattern.
*New to TV and not a TA Expert* Criticism and other ideas welcomed *This idea assumes ETF denial in August/September. If passed, this idea is null and void as I feel the fundamentals are too strong. Long term targets 2019 high ~50k 2020 high ~200k Expecting the price to dip lower than general expectations around January 2019 and also expecting price to rise...