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Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? :: The Market Oracle ::
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Bitcoin Enters Stage #4 Excess Phase Peak Breakdown – Where To Next?
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Bitcoin Is Near The Brink Of Breaking Down to $30k – Will It Stop There Or Will A Herd Mentality Sell Off Drag It To $10k? – HoweStreet
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Could Bitcoin Price CRASH Target A Bottom Below $7500? :: The Market Oracle ::
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Historically, whenever the Treasury Yields fall below zero, then recover back above zero, the US/Global markets reach some peak in price levels within 3 to 8+ months. My research team and I believe the actions of the global markets may be setting up for a future peak in price levels sometime in next 6 months. We believe this will start when the Treasury Yields cross above the “Breakdown Threshold”.
expect A Continued Rally As Long As Yields Stay Below Certain Levels
In 1998, a very brief drop below zero in yields prompted a minor pullback in the markets before the bigger top setup in 2000. This pullback in price aligned with what we are calling the “Breakdown Threshold” level on Yields near 1.20. After the Yields crossed this Threshold, briefly, in 1999, they fell back below this level and the US stock market continued to rally toward an ultimate peak in 2000.