The David Lin Report Bitcoin Could Rip To $136K, Gold To $4,100, But What Happens After? | Chris Vermeulen
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Jul 21, 2025 Chris Vermeulen, the Chief Market Strategist at The Technical Traders, shares insights on navigating volatile financial landscapes. He predicts Bitcoin could soar to $136K and gold might hit $4,100, but cautions investors about a looming market correction. Vermeulen emphasizes the importance of proactive strategies and highlights key market indicators and trader psychology. He discusses adapting investment approaches in light of political changes and underscores the need for flexibility amidst evolving market conditions.
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Market Nears Peak, Correction Likely
- Short-term technical indicators suggest the market is near a peak and could soon pause or pull back.
- Extreme bullish sentiment warns of possible multi-week or multi-month correction or sideways volatility.
Wait for Pullbacks to Buy
- Do not rush to buy near market peaks; waiting for a pullback can prevent immediate losses.
- Lock in gains from earlier trades and remain patient for the next entry opportunity.
Fundamentals Don’t Predict Market
- Company earnings and fundamentals do not reliably predict market movements during broad downturns.
- Price action and money flows better indicate market trends than traditional fundamental data.