Summary:
-Stock market recorded biggest point decline in history Monday 6/2 2018
-Inflation is rising
-Interest rates and bond yields rising
I am listening to Peter Schiff on and off and I think his bullish outlook on gold in case of a stock crash can be applied to crypto even if it declined alot in january as the stock market rallied. His previous prediction for gold $5000 and so on actually applied to crypto and not gold.
Trigger for 100k bitcoin could be a macro economic crisis that is overdue. This gives Masterluc's prediction fundamental support which we didn't yet know about before yesterday's onset.
This may be prevented by more QE by global central banks with increased inflation as a side effect which should also lift crypto market.
Concerning Tether I believe the worst is behind us but that it could fall to sub 3k even towards $1k btc but that a large upswing is bound to follow after price rediscovery. 6k was a fair intermediate entry point with a share of fiat equity based on november move which had incredible momentum as I recall.
Topic: New macro hypothesis 2018-2020 based on yesterdays stock market correction (Read 150 times)
February 06, 2018, 07:59:28 PM
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