The pattern both in the SP500 and Bitcoin seem in sync. Both look as if we are in the 3-month correction phase. That still places end of JUNE as possible lows. The ONLY way that can occur is for inflation data to stay mixed or even drop. It also assumes a spark, a rate cut perhaps. Since the early 70's had a period of disinflation before spiking a lot higher this too might be happening here.
The other pattern i have discovered is that the assumed rebound should last 5 months. Late June to late November? First we need to see if the move till end of June is part of the correction. Then we have to see a sharp rally kicking off July. IF those things occur i would bet the late October to late November scenario for a top and a monumental crash.
I have been waiting for such a crash and the combination of a TRUMP win with GOP control favoring businesses it could be the catalyst needed. Of course, the street would have to be totally oblivious to TRUMPS actions. That seems very doable. Then we need a spike inflation period at the same moment. A final hurrah over TRUMP win followed by sobering reality from Trump and the inflation data.
I made these future predictions many times and all were completely wrong. Law of averages? I am massively BIAS as I have been from day one of the announced Pandemic. I pounded the argument home that the market was completely irrational and got laughed at. ONLY the FIRST DEATH here in the US caused a crash response. OBTUSE! The same people that voter for TRUMP find reasons to actually think Biden is a monster and Trump just slightly flawed. The ability of individuals to dismiss the obvious because they don't want to face its conclusions is a repetitive pattern of ours. we do horrific things in the name of GOD , country and self-centered false superiority. Imagine comparing Biden, a man that has NO crimes, no evidence of any kind to illicit behavior. YET WE COMPARE HIM TO TRUMP AND TRUMP WINS?
if anyone wondered how Germany could latch onto Hitler for !2 years and do so believing their inner prejudice was correct than it stands to reason trump can do the same. We are a spiteful hateful selfish creature. Politicians know this and rely on it to divert their own monstrous behavior. I dare anyone to define the attributes of an antichrist better than Trump has.
I have proven over and over just how easy it is to have a trillion-dollar market fool itself and do so in a clear transparent way. The winter that is coming will be one where it is likely we don't recover from.
