An extremely rare pattern for an extremely rare time in the U.S.
Ending Expanding Diagonal patterns are not seen very often.
Not a natural looking pattern because the wild price swings aren't natural.
You know what else isn't natural?
The M1 money supply increase from 4 trillion to OVER 18 TRILLION in 2020. They increase the money supply by over 400%!!
Why do you think Bitcoin and blockchain is getting so much support?
Because people are realizing this ship is SINKING!!!
Why do you think decentralized finance is manifesting? You think that's random? No!! Things are created when someone see's a need and the world reaffirms the value in it through their belief and investment.
A break back below 3,800 would be a major sell signal for me and a break below 3,200 indicates the end of the bull market.
Not financial advice. Just what I'm seeing and what makes sense to me based on the data, wave counts, and price action.
I appreciate feedback on my wave counts though, so feel free to comment that I'm an idjit if you want.
Ending Expanding Diagonal patterns are not seen very often.
Not a natural looking pattern because the wild price swings aren't natural.
You know what else isn't natural?
The M1 money supply increase from 4 trillion to OVER 18 TRILLION in 2020. They increase the money supply by over 400%!!
Why do you think Bitcoin and blockchain is getting so much support?
Because people are realizing this ship is SINKING!!!
Why do you think decentralized finance is manifesting? You think that's random? No!! Things are created when someone see's a need and the world reaffirms the value in it through their belief and investment.
A break back below 3,800 would be a major sell signal for me and a break below 3,200 indicates the end of the bull market.
Not financial advice. Just what I'm seeing and what makes sense to me based on the data, wave counts, and price action.
I appreciate feedback on my wave counts though, so feel free to comment that I'm an idjit if you want.
tradingeconomics.com...ates/money-supply-m1
Here's a couple references on the money supply increase.
This pattern is very stretched out.
Remember that things happen in cycles, and the end always comes out of nowhere just when the majority lets their guard down.