Replying to Avatar Jack Spirko

If there was no ETFs I would say the top of this cycle should be about 260K. With an ETF IDK but I am sticking to at least that.

For those that think that is over shooting, in the last cycle that hit 70K the prior cycle low was about 4 grand. Folks it is just math.
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Boatface 1y ago

I’ve been thinking about your post here. Isn’t a substantial, if not the only, reason we are having a run is the ETFs?

I’ll note that all the other trusted sources I have agree with you that this is not an overshoot.

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