See you all next cycle. Bitcoin is going full speculation bubble burst.
if fundamentals support it , we can see something interesting in the next couple weeks.
This is all a speculation ofcourse. No one can time the burst of the bubble. But last week showed us how crazy the market is right now. The exact same things happened before the Dot Com Bubble burst. Just be wary of longterm trades
Almost at the end of a large 5th Elliot Wave, will need to pull back hard to make Tesla healthy. This could be triggered by earnings tomorrow or soon after (It may approach 1000) Tesla is losing market share in Europe at a face pace to VW. Extremely overvalued at the moment due to people using it as an asset like BTC. Target 1 Short - 364 Target 2 Short - 219
I think - now we are gonna have Big Pumps beside big dumps
Threw some money at this today. Bakkt, a group that has been trying to bring a Bitcoin ETF to market for several years now, has decided to go the SPAC route to market. SPACs have been one of the hottest things during this crazy bubble market. I expect it will probably go up a stupid amount for no good reason. Target? No idea, let's say $75, lolz
The following Model is Based off the .com Bubble price action, candles have been resized to reflect % change in current price levels relating to the SPY. Start point of the model was determined by when some fund managers speculated the .com bubble was in a bubble when it was just beginning to form. Our current start point is started also based on the same...
IT HAS BEEN MY VIEW AND HAS BEEN NEAR PERFECT STAND READY THE LAST 2 WAVES UP OF WORLD DEBT BUBBLE
After making whomever wins this year's upcoming US election appear as the greatest president, in terms in the stock marketer, of all time.
You see how manipulative the markets have been with 1 twitt, forget about elections outcome. 2 key events: 1. 20% tax period starting towards end of March 2. FED to keep rates to 0% till 2023, what else do you need? Although valuations are to the sky short is out of the table at the moment, maybe towards end of 21-22,with rates at 0% where do you think all these...
Stimulus talks gonna cancel this tech bull run as the fed has avoid more support unless Congress passes another package. Not financial advice
Volume is low on higher high, candle stick showing indecision on low vol, rsi is high so I believe it’s time to get low 😂 Not financial advice
Just found it randomly, if trendline breaks it could drop quickly for easy gainz but stop is tight due to it closing above the trendline, 🤞🏽. Not financial Advice
If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. In this post, I’ll be explaining ‘The 2020 Tech Stock Bubble’ crisis, through the lens of the Dot com bubble of the 90’s. In the process, I’ll also provide educational content...
Tesla has topped, stay away from it unless you like beg for food on the streets. Musk and its herds of brainwashed sheeps will REKT on the long run, the SEC will take care of him you'll see it soon ;)
What do you think about this scribble? Interesting