20200513-Crypto Weekly Update


Aura Wright
Crypto Update (5/11/20):


BTC – TODAY is the Halving. It is also the STATION RETROGRADE OF SATURN which is all about control. Sooo, our halving run-up that just took place crashed early and hard as expected.

-And now we move into the very choppy waters of the 3 planets turning around this week. SATURN (control), VENUS (money and values) and JUPITER (Blessings and Higher Learning). What this means is that I expect a LOT of volatility in the markets over the next weeks (and months).

Target – I still have the $13k and then $15.5k targets for BTC. Obviously these have not been hit yet but they will be tagged over the next few months. I cannot know exactly when but I will let you know when get into a window of time when it is possible. It IS still possible for the next several weeks.

However, we are also going to get some steep lows in BTC and it WILL go back down to the $4k range for at least a week and for as long as 6 weeks.

STOCKS – Are hovering atop a precariously balanced rock on the edge of a cliff balancing above a massive valley ready to go into freefall for a miles long descent to new lows. LAST CHANCE TO EXIT. Yes, it still might take another few weeks before this stomach churning fall begins, but it’s getting ready – regardless of Fed money printing. ONCE STOCKS START TO PLUNGE SO WILL BTC.

Precious Metals – Are in a stalemate for the next 2+ months. This means we still have more buying opportunities. Lucky us.

DGB – anything under $.01 cents for DGB is a great buying price in the next few weeks. However when BTC goes down to $4k so will EVERYTHING ELSE – not only will ALL Altcoins crash, but they will crash harder than BTC. This means DGB will go BELOW $.01 cent. This will be our golden opportunity to pick up everything we want at bargain prices.

I cannot guarantee that DGB will go on another run-up before the big BTC drop to $4k. This will happen IF BTC goes up to $13k in the next 2 weeks. But IF DGB gets its next run-up in May it will go to least $.035 cents.

BANKING – The banking situation – news has been deceptively silent. I expect CAPITAL CONTROLS to go into place very soon. Quite probably in May. This will mean that you will not be able to take much of your money OUT of your Bank. I recommend not keeping much of it there.

Have at least 2-3 months of cash on hand at home, have silver on hand at home and move your cash into more safe assets like Silver, Gold, and crypto Stable Coins like TUSD, Pax, DAI, USDC and the one I dislike the most USDT. I dislike Tether because it is the tool for manipulating the market. However, it is very liquid for this reason and can be used to hold your money value and move it around relatively easily.
STABLE COINS – Are NOT YET getting locked up or made illegal. This is possible in the fall. The fall is when all the SUPER STRICT control and regulations are going to be rolled out.

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