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AAAtrades

08/02/17 11:56 AM

#12727 RE: stewbert123 #12726

well to be honest it is highly unlikely and depends on many factors, I am just making an observation about that cycle and if it continues then I suppose it could happen

cycles can be very powerful and precise, but much of the time they do not work

on the other hand if we see bitcoin spike in a massive breakout above 3000 in August, then maybe the scenario will play out

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AAAtrades

08/02/17 1:35 PM

#12735 RE: stewbert123 #12726

oddly enough it just occurred to me how this could be possible. to occur by mid or end of September

two words: DEBT CEILING

By end of September the Government will run out of money or a possible default will occur IF congress cannot figure out how to raise the ceiling.

this will probably not happen

but if it does it could hypothetically send the price of bitcoin skyrocketing towards 7000 in this short period of time

in theory that could cause GAHC to skyrocket as well in sympathy