Profile picture
Crypto Michaël @CryptoMichNL
, 12 tweets, 7 min read Read on Twitter
1)
As the year is coming to an end, I've decided to start a thread with my perspectives for 2019.

I'm argumenting why I think 2019 is going to be a hectic year and also why it's going to give the best chances of our lifetime (if we missed the last bubble).

$BTC #BITCOIN
2)

In this first tweet I'm describing my bearish scenario. I'm bullish until $5,400-5,700. Overall still remaining bearish.

To me the meanline is the line we've bounced on and we still have to get towards the despair phase.
- Low volume bounce (declining).

Area? Around $2,000
3)

In this perspective you can see why I do think we've got a relief rally upwards to $5,400 max, before we're dropping down towards the $2,000 zone and start accumulating.

There are two major downtrends to be broken, which will take a significant time before we reach them.
4)

In this post you can see that the market is showing the same signals as the $BTC perspectives I've just written down.

In that case, the market could go down towards $75-80 billion.

Remember, the peak of the last bullrun was at $16 billion.
5)

In this tweet you can see my perspective on $ETH.

There are still some slight 'altseasons' to go for, as a rally from $80 towards $170 is a slight altseason.

However, still remember that it's bearmarket style and we didn't break any major downtrend.
6)

Can we have altseasons? Yeah, sure.
Alts/BTC have a different cycle and can easily do an altseason when $BTC decides to stabilize.

These are charts from $VTC and $LTC, which pumped back up in September '15 (big time), while $BTC was accumulating.

The best period.
7)

Other scenario.

Written down in the chart on what my critical points are for completing this. There are a lot and I don't see the points yet for it.

Especially not in the current financial environment (globally).
8)

Then we get towards the stocks.
1st picture: Yearly candles on the $DJI (Dow Jones) with argumentation.
2nd picture: Comparison with the Great Depression.
3rd picture: Simply with some more data + interesting bubble prognosis.
4th picture: $AEX similarities.
9)

If we check the major stocks, we can see the same.
1st picture: Apple
2nd picture: Amazon
3rd picture: Microsoft
10)

Given that we've found the uptrend since mid 70's on the USA stockmarkets, it's quite interesting to see that the yields are showing some significant signs.

First time breakout in 35 years of a downtrend.
This is new, as we didn't see that in 2000 and/or 2008.
10)

Then we're checking on $GOLD and other metals here.
1st picture: 1970 rally with the decision under Nixon to stop using the Golden Standard. Inside info?
2nd picture: $GOLD reacting to the last crisis (also dropped down first).
3rd & 4th picture: Perspectives? $SILVER?
11)

Concluding:
- I'm thinking that for crypto we can see the biggest opportunities in 2019 of a lifetime.
- For the equity markets and global economy I'm expecting a hectic year.

In total I'm expecting that we're on the edge of a big shift.

Disclaimer: My personal thoughts.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Crypto Michaël
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!