Bitcoin Going Much Lower - Michael Moor #5546
Summary: Michael Moor comes on the show to talk about the S&P and the overall market. He\u2019s predicting that we\u2019ll see some choppy, downward movement in the next few weeks. With gold, we\u2019re also experiencing consolidation, and Bitcoin is on a trajectory to potentially go into negative territory. Tune in for a comprehensive, analytical overview of the markets from Michael. Highlights: -Markets are volatile; many people have suffered losses -With the S&P, we are now in a bearish corrections -We\u2019ll probably see some choppy, consolidated, downward movement -You should always know where you want to get out if you\u2019re down -We\u2019re heading towards $10 Natgas; it\u2019s broken above significant levels over the last ten years -Gold is in consolidation\u2014testing a bearish pattern down below -We had broken below a significant number, but then traveled beneath that number and couldn\u2019t move up -We\u2019re sitting on a bearish formation -Bitcoin is below a significant bearish formation -Bitcoin could go into negative territory -We could be in the last stretch -The market can turn in four different ways Useful Links: Financial Survival Network Moor Analytics