Skool community isn’t necessarily offering anything that I can’t deliver for free on X (twitter) I’ll be closing this down and moving all content to X @matthewtbeasley

The halving event occurs 4/19. Historically bitcoin doubles within 6 months after each halving. Here is why: The supply decreases in a sense. It’s like anything else. If there is 100 houses and it’s reduces to only 50 available..those 50 could raise the price bc the supply of houses has been reduced. I think bitcoin goes to 100k sooner than later

Here is why the market sold off yesterday. 1. In a previous post I communicated the straight up trend had broken and we are settling for a few weeks 2. CPI data was higher than expected. Of course it was. And that data isn’t even accurate bc true inflation is 10+% 3. Higher inflation suggests one of two things. - rate increases to tame it - No rate cuts to wait for more data which is most likely The market threw a tantrum Yesterday because it wants cheaper interest rates. I’d look for some buyers to Come and and buy the discount for earnings but please keep in mind - the bullish trend broke and we are in a time of the year that isn’t expected to produce big gains to the upside

Yesterday’s swift move down in the afternoon resulted in the SPX trend breaking that has been building higher since first week of January. That doesn’t mean the sky is falling tho. It’s an awareness thing. Lots of trades to the upside during earnings season to be had. What it means is that the likelihood that those trades last long has diminished. Usually in this situation I would lean toward entering something and immediately setting a GTC limit order of a 50% gain. That’s about as much as you are going to get fighting the trend. Earnings info won’t last long and if the fed doesn’t cut rates I could see the sideways to down lasting until the election.

New quarter New month New week SAME TREND on the spx We have retreated to a similar place on the charts that we have been at 7 times during 2024. All 7 times …. The spx advanced back to the top band on the daily chart. That band is currently at 5285. But its earnings season and I am in the camp they believes a higher high is in the works and we reach 5450 before mid may.