My Point of View about Bitcoin still Same. I looks a Bubbles Condition at TF 1M, I saw a Double Top Pattern Which mean Price can be Drop significantly. Please use a free money for buy a bitcoin or another altcoins. I Believe Bitcoin will Hit 100K$ it just a matter of time. At this moment we must follow the news from US about Inflation. THE FED still Hawkish...
I'm horrible at technical analysis but the fundamentals of bitcoin are something I'm very familiar with. Like rats on a Caribbean Island Bitcoin will experience a hyperbolic s-curve that levels off once it: 1 reaches global forex market saturation (1-10%) 2 approaches 21M limit Along the way global economic events will create massive bubbles as collapsing...
I know most do not like to talk about the 800 lb Gorilla in the room > I said 8% inflation - 6 % tbill on 2 year paper = 2 % inflation . know you see why I said that see 2 yr paper 1980 1982 of what the market and the bond market did . For a clear view see professor WILE E COYOTE and the housing bubble paper
Theory of Rational Bubbles: www.jstor.org Testing for Multiple Bubbles: korora.econ.yale.edu
A 70% decline for the SP500 is a foregone conclusion. (Not just because of technical reasons , those just happen to coincide.) For the analytic process see this post ("Bubble End Game - DJIA"); Game on!!
OK, so this I had mapped out quite a while ago but despite my general agreement with the widely circulated May 24, 2021 Dooms Day predictions (in as much as a likely date around which the music will stop ), this (chart)setup was still missing it's trigger . - Until last Friday, that is. That last 15 minutes of trading on Friday, March, 26., 2021 was no ordinary...
At the PEAK in gold 2011 most everyone was taking positions from Yale most every Ivy league school in a billion plus $ as with AL BUBBLE The fools gold thinks they are smart to and that others will jump in in THE GREATER FOOL THEORY TICK TICK TICK BOOM WE ALL FALL DOWN AND THE FED IS ABOUT TO CHANGE THINGS
Note the similarities in price action within the highlighted areas at the levels plotted... now, let's see what happened at those times and what similarities we can find in the fundamentals. The Great Crash of ‘79 The Dow Jones Industrial index peaked at $897 on Friday October 5th, 1979. On Saturday the Federal Reserve and Chairman Paul Volcker adopted new...
This is what a bubble looks like. Click the play icon, to see what it looks like when bursting.
1- Brilliant US rep AOC writes a bill for all LEO to wear badge with name, forgets to exempt UNDERCOVER agents *********************** What a brilliant woman, what a success story. First woman that made me blush. Because she's so damn stupid it's embarassing. There have been people with down syndrom in governments, and they were much smarter than this. There is...
10 days ago was published a report on how much money was lost by crypto illegal crime (whales baiting suckers to buy their bags does not count). Last year’s losses were up nearly 160% from 2018’s total of $1.74 billion. Hacks and thefts fell by 66%. Exit scams, fraudulent exchanges scaming suckers, and the such, went up fivefold. As I predicted in my wash trading...
simple TA idea with no explanation. good luck crypto frens! :D *no financial advice* #doggonacci
"It's very hard for people to reject what they have been taught their entire life since they were children even when presented with the evidence". WEAK. Literally took me 1 second after seing the data to change my mind about the lies I was spoon fed my entire life since I was 5. Donald Trump administration finally went against the dogma. Retiring scientists (their...
Funny thing about both of them is that they topped around 340B Dollars in market cap. Bitcoin did a 20x in 1 year, while visa did a 15x in ~9years. To me they both went parabolic and then had a major bull trap. A massive bull trap pushing a lot higher making people believe it will go even higher. Could this be just a continuation of the rally? It very well could,...