Bitcoin to $200K: Liquidity Pullback

2023년 6월 5일

Let's keep this short and sweet. Liquidity started receding back in March '23. This created a weak consolidation zone waiting for a catalyst to bring it lower. Looks like the Binance lawsuit might be it.

If this is so, then we should see a series of bad news one after the next resulting in BTC falling to the lustrum level. That would be the buying opportunity I've been waiting for. After that, more bad news should be met with resilience in the crypto market.

I expect the financial markets to have it's own flush between now and mid-September, at which point we can expect QE. Bitcoin would then be rocketing upwards until January where there will be a another pullback, then more QE, then Bitcoin soars to 200K by next summer. At least, that's what I'm seeing now.

2023년 6월 30일

노트

Since this target, we've had a bounce signal followed by a developing buy.