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Bitcoin-US Stocks-$-Gold- Our new video is out! ⭐️⭐️⭐️ – Crypto News

Bitcoin-US Stocks-$-Gold- Our new video is out! ⭐️⭐️⭐️

0



Good morning from CFT (our new video is out, check attachment!),

We hope everyone had a safe and happy holiday!

Bitcoin has been on a tear as everybody knows. We were looking for some sideways before higher. We actually subdivided much quicker than we thought, and we have continued up here, we are at $41,500. It would appear this is the end of the large wave 3 up here, or we are close to it. We did not get a deeper pullback like we wanted to get more long. Our BTC ALGO is still long from that $28,000 level (and before that was a long from $19K, etc). So, we are long (50% Global AUM) but would like to be longer, but we think we will get an opportunity to do that on a bigger large white wave 4 here we show on the chart. So could subdivide a little higher short term, but we still think a correction is coming here,

Buy Bitcoin at coinsmart.com

For one reason, we still think the U.S. stock market, we have been showing this chart here. We are still long U.S. stocks, we had a buy signal on Dow Jones stocks Monday morning, so this just continues slightly higher. We do not have a sell as of yet, but we think that is coming here in the next week. So we do believe the stock market selloff, a wave 2 down is coming. We did take a small loss in Microsoft, a dollar or two. We are still long PAGS which continues higher. We are still long KEYS which has extended much higher here short term. We are also long TRIP from $26.80, and we are sitting here at $32, which is right before the U.S. stock market is opening. So again, we think stocks work a little bit higher; then stocks will prepare for a large correction.

This is the U.S. Dollar, as you know, we are still looking for a low here in the U.S. dollar. The sentiment is at huge extremes, so we expect at least an “abc” bounce in the dollar, a large one though. That could bring a pullback in the cryptocurrencies. The precious metals we are still short; this is the XAU. We are short the miners, and by doing that, we are long DUST. You can see here we are long, its called higher today around $18, we are long at $18.80, so we have minor losses on the short metals and the long dollar trade.

But again we think the dollar is making a major low, and we also believe that Bitcoin will see a correction, while the U.S. stock market sees a larger correction.

🌎
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