Retail "investors" favorite Oil ETF, try not to laugh
😆
Stock market might have found a top
Robinhood crowd all in. Some whales are too, a notable one is softbank, they made big (unrealized) gains but their investors are running for the exits :D
They are going to destroy the US Dollar to "save" the stock market haha. The passive investors getting richer way more than they should already ended up with communist rebels in the streets but hey let's continue!
Going to go up and then go weeeeeeee.
Last time "investors rushed to the USD safety" it did not go up for long. Just a few days. It is on a downtrend now but stopped going down recently and is up a little.
Maybe all the short sellers got squeezed. I do not think this time around it will rally much. Suckers will "flee to the USD safety" as it gets destroyed, allowing whales (China) to dump hundreds of billions. They really want to chance to get out of this ponzi.
Trump and Powell are going to stimulate the speed at which the usd loses its reserve currency status.
Greatest economy ever! Stonks up! Haha sure buddy, now go to your room and don't say anything stupid.
Not impossible us populace votes for alzheimer. Wouldn't be bad for them. Let them try socialism, fail miserably and suffer, and then either go ancap of full fascist win-win.
Trump, that before 2016 kept attacking Obama & bankers on their awful decisions, has been doing the same but maybe he is saving it for a second term.
But really seems like governments are irrelevant, the cyclic patterns complete with or without them.
Bitcoin, the "hedge against everything" that does not go up when the usd goes down, that makes a 50% retrace when the snp goes to ath (>100%), and goes down two-fold when the snp crashes.
The Bitcoin "hedge" will make a new low in 2020. I will be delighted once the price goes below 3000.
Bitcoin investors are going to experience a great depression. They haven't even experienced a recession. Ah I love it.
Fun days ahead indeed.
Crypto and Robinhood investors are really going to suffer. I could pretend I care but I really don't, you reap what you sow, it just makes me laugh. And when you put magic beans in the ground... Well not magical castle grows out of them.
Just looking for usd buys now, front running the "safe haven" investors. Then I will violently go short expecting a massive collapse. Feelsgoodman.
i think we'll see one last push higher in equities and some stability in BTC for the next couple weeks. We shall see
VasilyTrader
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Very good analysis, my friend! Here is what I see:
spyxo2x
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While I agree that $300 for BTC is a solid support, I have doubts about it being reached since during these 3 years that you have projected, the dollar will be inflating.
MrRenev
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@spyxo2x, :) 4000-3000 next weeks, and 2000 later maybe and I do not know when. For longer term I would use bitcoin/gold. I don't think we'll ever see 300/btc. By the time the dinosaur BTC disappears us dollars won't exist. But who knows maybe.
spyxo2x
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@MrRenev, I think around 2.2k - 2.4k will be the bottom for BTC - ideally will be reached by early 2021.