CRYPTO AND STOCK MARKET DOUBLE STANDARDS

[forexbrokr]

Cagle

GOOD EVENING STEEMIT!

Every mainstream financial institution and journalist is talking about how much of a scam Bitcoin is, that Bitcoin isn’t a real asset, that Bitcoin is in a bubble etc etc etc blah blah blah.

But have you taken a look at the S&P 500 chart lately?

Yeah, that’s right.

Have a look here if you don’t have your charts open:

SPX Weekly

As you can see, we have the perfect bull market. And just like Bitcoin, we can pull back around 30% to major trend line support and still be MASSIVELY bullish.

Why isn’t JP Cunt telling us that the stock market is a fraud?

He wouldn’t have a vested interest there, would he?

So we keep buying:

SPX 15 Minute

Just a nice intraday resistance turned support level.

Hilariously the level was bounced off after the Fed was hawkish at FOMC.

But there’s not going to be a pullback here. It’s going up forever.

Sure.

Bitcoin is experiencing its healthy market pullback. When will the stock market correct?

Peace!

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Related @forexbrokr CHART ART Blogs

If chart setups that I've spoken about before are related out then I'll leave them here.

CRYPTO AND BITCOIN THOUGHTS - JAMIE DIMON IS A CUNT EDITION

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Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr
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Website: www.forexbrokr.com

Comments

[tokenizer]

I've stopped worrying about what these CEOs have to say about cryptos. Many of them don't have the slightest clue to how the tech works.

[forexbrokr]

Haha, THIS!

[awakentolife]

Well the reason JP will not tell you is because Crypto world is challenging the slavery system put in place by the people like him in this world. Crypto is worlds way out of this greedy financial world we have today.

I hope in the future Crypto shatters the very foundation of financial systems we have in place today. Looking forward to what future has in stored for BitCoin and other cryptocurrencies. :)

Great article. Enjoyed reading it brother. Have a great day :)

[forexbrokr]

Exactly how I feel mate :)

[buggedout]

The stock market has the Plunge Protection Team to support it's bubble and Wall Street knows it.

A stock market crash is a national security threat so it can't be allowed to happen :p

[forexbrokr]

The PPT haha. Nice ;)

[greatvideos]

I am with you on that
Cryptocurrencies are still rising
Thanks for sharing

[forexbrokr]

Onward and upward!

[said-nuruzzaman]

Nice post.

[forexbrokr]

Thank you sir.

[schmevepoobly]

Can you solicit a miner if the exchange is coinsensual?

[forexbrokr]

lol, excuse me?

[teenovision]

Bitcoin is catching up fast I thing we are going to see crypto currencies trading taking place in established stock exchanges. People will say few things right no we should ignore them and look for the bright future

[forexbrokr]

Yep, I agree. Blockchain technology is going to revolutionise trading as we know it.