🔵 Extremely Premature Prediction for Next Bear Market Bottom Caused by TradingView Glitch

in Bitcoin15 days ago

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This video corrects one MAJOR error in the last video:

If you haven’t watched that video, it adds a lot of context and good data for this video. Only the prediction dates themselves changed. And while that is a BIG deal, nothing else about that previous video changed.

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Topics and Time-stamps:
0:00 Corrected dates for Fed Pivot and S&P500
2:19 TradingView Bug Explained
8:55 Looking at the new projection
10:51 We tend to expect changes too quickly.
13:38 S&P500 is already dropping. Thesis Wrong?
15:16 What does this mean for Bitcoin?
19:54 If you’re in the majority… you’re probably wrong.

Based on the past correlation between the Effective Federal Funds Rate and the S&P 500, there are some clear patterns. Based on these patterns, I have created a forecast and projection for how the stock market and Fed Rate is going to unfold over the coming 2-3 years. What I'm going to show you postulates a pivot in the Fed Funds rate in the year 2024, and a bottom to the S&P 500 of between 2100 and 2500, in the year 2026!

How Will Bitcoin & Crypto React?

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Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

#bitcoin #btc #crypto #cryptocurrency #news #cbbi #blockchain #price

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