As much as I love BTC for a insurance policy against government debt, it is still subject to human nature. Fear and Greed. And with proxy exposure to the function of all financial markets, liquidity. I want to believe that we have seen the worst that is to come for now but at this point it feels like sticking my head in the sand.
How can we not see a correction in the markets that is one for the history books after the swings we have experienced over the last few years? Or was there just SO much liquidity in the system at basically 0% interest rates for a decade that even after an increase of FED fund rates (10 fold of anything we have seen, ever) we have just made up for lost time and its now time to carry on as per schedule.
The trade:
- Short any pops (ie retest of trendline) until later this year
-All in again in Nov 2023 to Feb 2024 (debt crises should have sorted itself out by then)
How can we not see a correction in the markets that is one for the history books after the swings we have experienced over the last few years? Or was there just SO much liquidity in the system at basically 0% interest rates for a decade that even after an increase of FED fund rates (10 fold of anything we have seen, ever) we have just made up for lost time and its now time to carry on as per schedule.
The trade:
- Short any pops (ie retest of trendline) until later this year
-All in again in Nov 2023 to Feb 2024 (debt crises should have sorted itself out by then)