Prediction evidence

Cr

Michaël van de Poppe

@CryptoMichNL

I'm extremely bullish on #Bitcoin from here. I've stated that it's very likely that we'll see a 'Sell the rumor, Buy the news' type of scenario on the outcome of the Midterms. I also think that we've bottomed out after this sweep of the lows again. All economic markets fare well with a calm electorate, not by a wild president doing tricks day in, day out. It's nearly impossible to price in the risks of a president doing that on a constant basis, and now that it's flipped back into equilibrium, it's easier to start pricing in risks. If Bitcoin prints a higher low here, I would assume that we're going to print a weekly green candle and are going to see a strong run towards the end of the year. Finally, I don't think we'll see a correction after the midterms. The cycle has proven to be different constantly, and with having an outlier as Trump as the President, it might also be the case that we've already seen the correction.