Goldilocks scenario still in place. From jobs, wages, productivity and even costs. ONLY a string of inflation data could derail this market. That should mean any downturn in next few months will be corrective.
We have a shoe in president next year and an economy that just doesn't quit. The street already anticipating those 2 scenarios. They actually seem happy that TRUMP will win. The newly elected political leaders are a spitting image of trump himself. They will try hard to bring America back to the point where the founders were. No woman, non-Christian, non-whites to run this country. They will try hard to disqualify them from voting also. If not, they will make sure to pander to specific groups promising the moon. All branches of government will be aligned for the next religious crusade to hang anyone that doesn't conform.
Once Bitcoin's consolidation phase is over it should launch from 67K to 80K all in one move. I have no illusions that the 80,547-price target holds. I will let the market tell me where it stops.
