The Trust Layer for Market Analysts

The analysis begins with Bitcoin, currently at $112,900, expecting a rally to $130,000 by October 15th and invalidation at $111,000. An inverse head and shoulders pattern are also talked about. The S&P 500 has seen parabolic growth this century, which he believes is unsustainable. He is expecting it to have an economic downfall and believes the dollar is no longer trustworthy. He believes that a result of these factors and gold breaking $2,000 and $3,000 is that people are leaving soft investments like stocks and going into hard assets such as gold and Bitcoin. Gold has grown in value 1100% since the turn of the century, and bitcoin has performed the best, according to the analyst. He is expecting money to rotate from gold to bitcoin.