FED "pivot" hopes won't die.
Bank collapses are "good for the stock market".
AI mania has the meme market looking alive again. NVDA, a company in which both revenue and earnings have dropped significantly over the past 3 quarters, is trading at 150+ P/E and 25xSales with a $666Billion market cap!
We're "back to normal" folks! /s
I LOVE how this classic Market...
ZEC will need to close daily above descending trendline and see more bullish support or risk retracing into the right shoulder of a very clean head & shoulders pattern on daily charts.
ZEC is volatile and sideways chop at current price is unlikely to continue... in the coming day or 2, it will either break up and reverse the long-term bearish trend, or fall back...
Based on this chart we are currently in the complacency stage. The description fits quite well for the overall market sentiment. For months now we have heard about how we are in a much needed correction for the next great run up. Think of all the emotions that you experienced from the March crash to the May top. Many of us have felt the optimism, belief, thrill,...
I thought BTC would go a bit higher before a correction, but "this cool off is taking longer than expected" got me thinking, as well as people telling how wrong I was to be bearish in March 2020, days before the BTC market capitulated because months later price went up (fun fact: just before BTC crashed 60% some people made fun of me for being wrong because BTCUSD...
