BTC is up, but so is Gold, Silver, Oil and SPX VIX.
My basic indicator is when VIX+GOLD rise and hold the bankster cartel is planning to shit on stocks in the near future. BTC is just another place for them to park their money after exiting equities...so if you are doing the FOMO thing with crypto, don't buy in with more than you're comfortable losing because it's only going to go up until the money starts flowing back to where it came from (stocks, bonds).
Even if you buy it now at $10K and it goes to $20K, that's only a 50% gain with a very high capital requirement. You can routinely achieve those kind of numbers or more trading stock options or futures...like if you spent $10K buying call or put options on SPX and even if it moves a few points in your favor, easy gains with far more leverage.
|