Is the bull market over - Dow 27,000 !? - BITCOIN

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So here we are,

Firstly about Bitcoin – As I had predicted Bitcoin not making it to 14,000 resulted in it’s drop to under 10k and as predicted hit 7k and even temporarily under.

I feel Bitcoin will stay around the 7k / 8k ish mark for the short term. Can it go lower still ? Yes it can – the lowest I can see is 2k but lets see what transpires in the coming week….having said that, my money is on it making it higher from here – given time … and not lower.

So what about the bull market …is it over? …Is this it ? the crash?

I would say it is not over until we have hit Dow 27,000….and even then we could head for 30k, but I shall see what transpires when we have made it to 27k… I feel the market will remain weak till the end of this week and then begin to continue it’s rise.

I cannot say the say thesame about DAX or FTSE …US markets maybe going it alone here…although when US starts to move higher so do DAX and FTSE .

All in all caution is king as we are in unchartered territory and might be an idea or tap fingers until direction is more clear.

All in my humble opinion and no investment advice intended .

On a final note : I launched the intuitive trading institute  5 months ago..with it the iSigma trading course which I am confident is the best trading course in the world …check out the website for more info – the course is a downloadable video course and have an incredible support team in place before and after you subscribe – We will do all we can to help you succeed in the course …

The link to the website

http://www.intuitivetradinginstitute.com 

Additionally I will be launching a PURE INTUITION book,  seminars and courses shortly

Kind regards

Always Expect Success

Andre Minassian

 

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Comments

  1. Loraine says:

    Very good call on bitcoin sir, interesting to see if djia will make it back up and to 27k.
    Always looking forward to your writings, please write more often.
    Thanks
    L

  2. Jeff says:

    Great call on BITCOIN@:scary last week nearly closed all my longs: wonder how low we’ll go if this is the crash.
    Thank you for your thoughts and always look forward to them. cheers

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