20190403-Loukas-The Next 4-year Cycle

Matrix Ben:

BTC can maybe stretch to 5600 but most likely 5200.   He predicted we will be happy for 4 days.  Today, Weds is the 3rd day.  Tomorrow is the 4th day and we might see a correction coming.


Jsnip4:
 According to his All Seeing Indicator – we are in the extreme over-bought territory.     He said :  “As of this morning, it is officially the 2nd highest it has ever been as far back as it goes which is early 2017. It is 1 point away from tying the all time highest level of extreme overbought.”




Bob Loukas (The Next 4-year Cycle Started):

-He is 98% sure that the Dec 2018 low was the 4-year cycle low and we will NOT go lower than that.

-5800-6000 BTC – major resistance.     We will consolidate not breaking that level for a while.    At some point, we will break the 5800-6000 level but will drop a few more times until it started to form a base as the new support area. (19:00)

-3300-3400 BTC is the major support.  This was the Feb low.

-The real rally will comes after BTC breaks the prior cycle’s new time high (20K).   This manic phase will be towards the end of the 4-year cycle.   Last cycle (Nov 2013 -2018 Dec )， it took 7-8 months (April 2017 to Dec 2017) from breaking to new time high to the 4-year cycle peak ($1300-$20K, 15X gain).   On the cycle prior to that (2012- Nov 2013), it took 11 months ($20-$1100, 55X gain).

-In the meantime, you get very long accumulation phase /institutional money phase.

-We are still in the early accumulation phase.   So even if it drops a thousand point from current position, it does not matter.   It is still early in the game.

-He estimates the accumulation phase is 150 weeks or 37.5 month or 3.12 years.   The rally phase will be starting at the last 36 weeks or 9 months (The will put us around the 1st quarter of 2021).

-He sees that we will be around the 6000 resistance level for many weeks until the end of this year.  Then we might see a break out.

-The retail investor phase won’t come in until we break the prior cycle high of 20K.  

- From 2020 to some part of 2021, we will be between 6000-20K.

-The high of this cycle which might happen in later part of 2021 will be HUGE and becomes the cycle top for the 16-year cycle.

-At that point, we should see at least a 10X gain (BTC = 200K-300K) and market cap of 3.5-5 trillion.

-After that, it will enter the 4-year bear market.

-Assuming this cycle top reaches 250K, then the next 4-year cycle low will be around 35K (85% drop from the peak.)   It might happen in Nov 2022.    You definitely want to get out before this cycle peak! 

-Another scenario might be after we reach the prior cycle top of 20K, we do another 4 year of sideway chops going up and down in the 20K range.

-So his point is you do not need to put up too much capital (maybe not even 10% of your wealth) if you are early enough in the game.   Because you might get a 30X to 100X return.   Since you do have that much capital at risk, you will be able to hold it thru a few big up and down swings of the market.


Comments

Post a Comment

Popular posts from this blog

20181210-Paradise Fire-Centaurians

Edge of Wonder – Interviewed with David Wilcock on Paradise Fire : - Heard from his insider source- Henry Deacon from Project Camelot since 2007 -Paradise, CA – the most important small town in the US that provide safe haven for human like ET race, Centaurians.    There are many 500 – David guessed.    -There are only 2 cities like this in the US.   One is Paradise and the other one is in Neveda, but David doesn’t know where. -David had pictures where you can see laser beam came down from the sky to ignite the fire.   (DEW)?     -The fire spread so fast.   People didn’t even have enough time to get to their cars. -They can’t live above the ground for too long.   So they have elevator inside their house that goes deep down to the underground base.   Centaurians:               -they are from Alpha Centauri -buffed, tall, very pale, white hair, dark blue/violet eyes,...
Read more

20191007-New Russian Payment System to Avoid USD

Jim Rickard（ New Russian Payment System Avoids U.S. Dollar ）: -There is a new secure payments channel between Russia and Iran. This channel does not use dollars and allows Russia to sell weapons to Iran and for Iran to hide reserves in Russia, free of U.S. sanctions and U.S. interdiction. -Now Russia has unveiled an even more ambitious payments system.   This new system will provide services similar to SWIFT (the Society for Worldwide Interbank Financial Telecommunication), which is the leading bank message traffic facility in the world today for funds transfers. -In recent years, SWIFT has become politicized. Iran was banned from using SWIFT from 2012–16. Certain Iranian banks were banned from SWIFT again in 2018. -Russia has never been banned from SWIFT, but the mere possibility gives Russia a large incentive to create an alternative payments system not subject to U.S. control. With this announcement, Russia is getting closer to that goal. -The new Russian system may quickly be ...
Read more

20190114-Bitmain-BTC goes down to $1800?

Crypto Cowboy: Problem with BTC space – centralization of the BTC.       The 6 biggest mining companies in the world are calling the shots and they are mostly Chinese.   Also big banks are entering the space.    Right now it looks like Bitmain is going down. Bitmain – has gone through a lot changes due to price volatility, political pressure, regulations 。。。 -Two CEO/founders are going to step down. -closing its 500 million project in Austin, Texas -closing its Israeli research and development office  -cutting up to 50 percent of its staff  Probably because of it, there are a lot of big dormant wallets (50 – 100+ BTC) that are becoming active and more on the selling side.    However, a lot of these wallets are active in the OTC market not retail but their activity might still affect the prices in the retail markets.   So in the short-term, BTC price might even go down to $1800 .   If it does, Crypto Cowboy thinks it’s a go...
Read more