S&P 500 hits our target and more… Who is your analyst ?
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1. Crypto Jay from the Bitcoin Academy welcomed viewers to an educational video, mentioning their private community at cryptojay.net, which is currently offering heavy discounts.
2. Crypto Jay has 21 years of experience, including seven years in crypto, and aims to help more people understand cryptocurrencies through their educational videos and community.
3. Crypto Jay drew a parallel between the dot com bubble and current market sentiment, with 97% of analysts predicting continued growth both times.
4. The S&P has exceeded Crypto Jay's target of 4300 and they believe it will keep rising, with the possibility of Bitcoin reaching new all-time highs in 2023.
5. Crypto Jay counters the prevailing prediction of an imminent market crash, pointing out that these predictions have been consistent for six months, yet the market keeps growing.
6. Crypto Jay emphasizes the long-term uptrend of the market, advising viewers to go long when in an uptrend, breaking the trend line, and being above the 50 moving average.
7. According to Crypto Jay, one should go short and hold short again only when breaking a lower trend line and being below the 50 moving average.
8. The analysis predicts that when the next break happens and it's below the 50, then maybe the market will go short, suggesting a possible sell-off timeframe.
9. Crypto Jay reveals that the prevailing market sentiment is often wrong, just as 97% of analysts were wrong at the dot com bubble top and how 97% are wrong now expecting a crash.
10. The video ends by inviting viewers to join their community "The Bench Team" on cryptoj.net for more in-depth discussions, mentioning they offer 2000+ educational videos, boot camps, and other resources, with a current 40% off discount for new members.
Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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