Interesting thing happened today at the U.S. close. All major stock indices closed at new lows, some at lows, but BTC held short term support.
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Interesting thing happened today at the U.S. close. All major stock indices closed at new lows, some at lows, but BTC held short term support.
Yes I saw that as well. Bitcoin didn't follow along with that final dump, at least for the most part. I don't anticipate stocks will go down very far either way as I think the longer this carnage lasts the quicker the next stimulus package will be passed.
Check out my most recent post.
Yep, it's clearly in a bubble, but bubbles can inflate for quite a while. This one has the FED vowing to support it, and I don't think the FED will lose, at least not yet.
And it fits nicely with a late 2021, early 2022 top in crypto too.
Lot of indicators pointing towards that time-frame now aren't there?!