Market Update April 6th (week of)

Which Way, George? Market Update April 6, 2020

++++++++++++Update April 12, 20 at 9:30 PM MST+++++++++++++++++++++

BTC – Has  had more of a drop into the $6,800 range. This is consistent with the VOLATILITY listed in the timing report for these dates. The best move this month is still to come. So it’s up to you if you want to buy now or not. I am not, and my buy orders are the same as the ones I listed in last weeks update. They just haven’t been filled yet. 

As I keep repeating – we DO have lower levels coming. Just not yet. However – we are MOST LIKELY to make a good spike first.

Silver – I am being asked if it’s still wise to buy silver now when mining operations might come back into swing in a few months. YES. Because Silver, Gold, Platinum and other PM’s are REAL MONEY and this will continue to be true. The plans currently being floated by the Govt. are all about creating a ‘rainbow’ basket of currencies backed by Precious Metals. The idea that mining operations will come back in any big way is irrelevant. If it does manage to push prices down lower it won’t last long and the premiums on REAL silver are unlikely to go away even with new supply. The demand is too great. 

Also, once the REAL impact of the current shutdown starts to be felt then the demand for REAL PHYSICAL METALS will continue to go up. These real impacts are going to be felt sooner than mining operations can catch up. And even if they try to get mining into gear again – the money situation is tenuous for many of the mines themselves, so don’t count on new supply being too significant.

++++++++++++Update April 10, 20 at 11:30 AM MST++++++++++++++++++++

BTC DROP – We did just get a drop down to $6,800. I will say it again; any purchase under $7k is good for long term hold, just be prepared to hold through the lower lows down the $4k range. If you don’t want to hold through it then wait to buy in later – AFTER this April rally. I cannot guarantee a BIG rally this month, but we will get a peak in BTC before the halving. I expect this peak to hit at least $8,300. If it breaks above $8,430 then it will go up to $13,000. This will happen very rapidly, within a couple of weeks. AND THEN IT WILL BE OVER and we will DROP very hard. 

VOLATILITY – is what I expect for the next few weeks. This can be very profitable, if you know what you are doing. As always trade carefully and use a stop loss to protect yourself. 

++++++++++++++++Update April 8, 20 at 11:00 AM+++++++++++++++++++++

BTC – Is moving upwards in a channel and I have no bad Astrology aspects for April. I expect we will get a very good run up before the halving and a big crash afterwards.  At this point I do not see a significant drop coming before we go higher So I would buy in now for the run up. OR wait until the TA breakout level of $8,430 because if we get above that price the target is $13,000. I definitely see us getting up to $8,300. 

BSV – Is one that will do better against BTC in this run up. My previous targets are still valid: .049 of a btc then .098 and then .139 I do not know that we will hit all of these targets on the current run up. Please take them ONE AT A TIME. 

OTHER COINS – I do not have a list of price targets. But the coins I see as good movers in this run-up are BSV, XTZ, DGB, and RDD. There will be others that may be higher risk/reward, such as Ziliqua but these are the main good ones at this moment.

STOCKS – are going up this week, which is helping BTC to also go up. Our next leg DOWN in stocks will come later. 

COMETS AND BEING PREPARED – The best preparation is to have FOOD, WATER and some type of MASK in case your air becomes contaminated. Again this is not the big destruction event. That will happen some years from now. But it will be shocking and dramatic. We will have some kind of satellite and a space station fall to earth from the sky (probably now, but possibly later). this will leave the Govt with a serious problem because the public will want to know why it was a secret. This will force a beginning of some kinds of disclosure. 

COMET DATES – The online info is  full of conflcting information, They either do not know the dates or (more likely) do not want US to know. What I see is that the comet passes the Earth the FIRST time later in April. The date window I am getting for greatest likely issues is the 13th-22nd. This could be April or May or BOTH. This is because the comet will get near the Sun in May (they are saying May 31st, but again, I do not trust this information). Also, MAY has a lot of very dramatic Astrology.

After the comet get’s into the Sun’s gravitational field it will literally slingshot around the Sun and then fly past the Earth a second time. So we will see it – with the naked eye – in our sky TWICE. This IS the Hopi Prophecy of the Twins (Blue Kachina).  Both times we could get a plume of debris and gasses from it’s tail, and it’s proximity/debris would be the event that knocks things out of our sky.   

SOLAR FLARE -Or it could come from a Solar Flare. I am getting all of these events will happen. I just do not know the sequence or timing for the Solar Flares because there will be several of them over the coming years. Not all of these will be very damaging. THE REALLY DAMAGING ONE HAPPENS SOME YEARS FROM NOW. This is the spiritual warning to get connected and into alignment with Nature and the Earth. THIS IS YOUR BEST PROTECTION. Going to a specific location for ‘safety’ may or may not really protect you. This is a spiritual issue and it only effects your physical life if you are awakened. Congratulations for being here because you are the ones who have eyes to see and ears to hear. Not all will be so lucky. 

EMP – This is NOT a significant issue to be concerned about. Even if we do get a Solar Flare and even IF (and this is a big IF) the power goes out. It will be BRIEF, it will come back on and the outages will NOT be EMP events. It would just shut down and then come back up. Those EMP protection devices might be good to own, but they aren’t going to be any real use in these next months. 

SAFETY – I am feeling that my group is SAFE –  you are the ones who are now being awakened into your greater mission on Earth. This will be the beginning of great expansion, joy and opportunity for all of us. DO NOT FEAR! You are ready for this! You came to the Earth for this! All is well and you are just where you are supposed to be at this moment. If you feel the stress or fear getting to you – go outside, walk, meditate, do Yoga and pray for answers. You WILL get them!

++++++++++++++++++++++END Update April 8, 20 at 11:00 AM++++++++++++++++++++++

Here’s this weeks Video: https://youtu.be/KERt14e-QTw

Both Stocks and Cryptos are making small moves up today, but this is NOT a bid of confidence. Stocks have only gone up a teeny tiny bit this morning – despite the MASSIVE cash influx they are getting on a constant basis. 

Think of it like this: if you had a truck with a leak in a tire, you could pump air into that thing and make it seem re-inflated for a minute, or maybe a day or an hour. But the instant you jumped in and tried to drive it, the air would start to leak and pretty soon you’d have to pump it up again. Eventually that tire would just give out and the leak would be faster than any attempt at filling it. This is pretty much where we stand in the markets. It can – and will – take time for that tire to give out completely. In the meantime this is GIFT because it gives a lot of people the chance to still bail out and remove whatever value they have left in their portfolios. 

As far as the stock drops go – we ain’t seen nothin’ yet. Bigger drops are coming. Do not let the seemingly slow-motion nature of this train wreck confuse you. It is still a train wreck of epic proportions unlike anything we have ever seen in the history of, well, history.  

BTC – So far it has made moves consistent with what was expected in this month’s report. But we can still make a short drop in the next few days. If I were sitting on the sidelines I would be paying attention to the TA now. This means that BTC is NOT in a bullish pattern until it BREAKS ABOVE $8,430-$8,450. Breaking above this level means that we will run up to at least $13K. 

The rule of traders is not to jump in until this level is crossed. Most traders are now calling for BTC to drop down to the levels I have been predicting since last August/September (Under $4k). And YES we WILL see those levels. But we will get a run-up here in April first. Will we go above $8,450? I see this as very likely, but I cannot guarantee it. This is what I call the CHOPPY WATER – these are the zones that are very hard to trade. This is why it is best to rely on some technical analysis for the immediate and small moves. 

This is also why my recommended buy in level was in March when BTC dropped below $4k. My philosophy is to hold on and wait for the best moves like an Eagle and then strike like lightening for the lows and the highs. The rest is patience. 

I do know that my bigger moves will come. I also know that this market is heavily manipulated and for this reason a lot of the middle ground moves get complicated and also ripped out like a rug from under the TA guys feet. It is the TURNS OF THE MARKET THAT REK THEM. It can be hard to stay patient during these twists in the road, but PATIENCE pays off in the end. This is also why I recommend to only trade a small percentage of your portfolio – do not trade more of your money than you can deal with hanging in limbo. This is how you earn your money in crypto. We all must know our own risk tolerance and patience and adjust our strategy accordingly. 

METALS – Still a great bargain, still a necessity and some are still available. This last chance train is going to leave the station and the opportunity to stock up on Metals – especially silver – will not last forever. Some weeks ago when we had our BEST window for buying very cheap silver while it was still readily available, I was urging Patrons to do so. Now the wait times for delivery are 3+ months. But since it’s still available, this is better than nothing. These are LAST CHANCES for metals. See my recent post on sourcing silver for other purchasing strategies.