Predictions make for fun reading.
But then again, like the fortune teller who got hit by a truck; She just didn't see it coming.
The Bradley Siderograph gold indicator for 2020 is December 2nd
Last week's T-Theory Thoughts: "Moving on to Gold, we are near a cyclical low" (May have nailed it)
More T Theory predicts market strength
The Present Shape of Things:
"The ‘improved’ chart that I am now following shows that January 6 is not the final conclusion of this present T. In fact, it appears that we have an even longer period of strength that should last until April 29, 2021."
Martin Armstrong: Analyzing Bitcoin
"Volatility will start to rise in December and scale into a Panic Cycle by next June."
Bitcoin news:
The card comes at an annual fee of $200
Users will receive 1.5% of their purchases back in Bitcoin and a bonus of $250 in the world's most popular digital currency after spending $3,000 or more within the first three months.
Cryptocurrency startup BlockFi, Visa's card partner, said it "offers an easy entry point, enabling consumers to accrue bitcoin through everyday spending."
BUT... A different market maven 4 months ago predicted: Chances For Big Bitcoin Drop
BUT... then Bitcoin went from $11,000 to $19,000+
Another "Didn't see the truck coming" fortune teller!
Gann used certain key dates to time tops and bottoms. He often advocated December as a time when assets bottomed and topped – the month exactly that Bitcoin both topped and bottomed in 2017 and 2018.
Bitcoin tops or bottoms in December, but it isn’t clear from the Siderograph which direction the trend will turn.
Edited by Rogerdodger, 02 December 2020 - 01:36 PM.