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JordanLindsey
May 12, 2022 3:25 PM

If you believe bitcoin topped in November could take longer Long

Bitcoin Liquid IndexBrave New Coin

Description

Longer and potentially much lower, especially in light of current Fed policy tightening until something breaks.
Comments
Rsd75
Jordan, expect this. The S&P wil continue to fall, taking btc with it. The Fed will have to pivot, and that will be fine bc cpi will come down. By July, expect new infusion of capital into the markets and no more rate hikes. Then mkts take off again.
fomo_god
So a diminishing returns and constant losses (if it hits another 80%+ loss) 4 year cycle it is? Doesn't make sense to tbh but the market doesn't have to make sense anyway. Also a bullish broadening wedge from October 2020 is still on the cards, don't know how broad this will be though.
CHARTING-CHIMP
The top is in, anyone telling you to go long in any market gives no f’s about your money or you. Stay away from people like that.
JordanLindsey
@CHARTING-CHIMP, right. Do you believe it was April or November?
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