TVC:DJI We are currently in the middle of a drop in the Dow. It is on a massive scale. The pattern has been in a number of places been mentioned against the Crash of 1929. Will the curve unfold in a similar pattern? Or do we just want to reference patterns?
They say history repeats, we had a pandemic in 1820 and 1920. We had a crash in 1929, so we could be near a same fractal. I compared the 1929 crash and if it were similar this is the path it would take. Down to first major support (2100 area support), than major bounce up in between the .5-.667 fib where people unload and then it continues to fall for 3 years,...
The boomers have lived their lives fucking over the millennial, now is their turn to "feel the Bern" lol. I prefer white path for maximum opportunity. Maybe FED saves the day and nukes this idea and we can make a larger blow-off top for a -99% decline. ***Not investment advice.
The wise trader would handle bitcoin accordingly. Beware of catalyst events such as halving and hash ceremonies. The hype should not be followed. Notice that the price action as followed the plan, exactly as designed. Many people lost it all in the Stock Market Crash of 29, and a few profited hugely, by making the right decisions right before, then knowing...