The Death Cross is happening very soon
Tactical capital is piling into the short side, expecting another huge level down from Bitcoin
Michael Saylor has his life on the line, and wants to capitalize up to another billion dollars on the buy side, Question? At Market, or is he waiting to buy Bitcoin Sub $30,000 again?
Nobody with capital wants bitcoin anymore.
retail jumping in front of a high speed train, thinking theyre grabbing dips.
looks like the sub $20,000 calls you saw a few weeks ago had it correct.
Risk Tolerance is off the table, now that inflation and tapering are part of the MSM narrative
gaining bottom feeder attention in social media trading sentiment
company has long history, thousands of bagholders create downward price pressure
upside is strong name recognition, and government subsidy & too big to fail dynamics
major catalyst needed to reverse the multi year bearish price cycle
Can't Print Your Way out of a Service Economy Recession.
- joblessness through the roof
- lockdowns for a minimum 30 more days
- still no vaccine
- virus re-booting observations
- Oil war ongoing
- corporate downgrades
- strong social & hype fundamentals
- China trade risks already priced in
- Counter trade to Tesla failure/ meltdown
- institutional and media sentiment turning around
- direct access to massive organic growth China EV market
- intriguing stock to float, short % and borrowing rates
Peloton has miraculously revitalized the Trend of In-Home Aerobics crap
You all remember the 80s-90s when Mom and Dad spent a fortune on crap they only used for a year or less?
Yep we are seeing it again, This time its with the Credit Card everything generations.
Very big bubble, could inflate much higher - like Pot Stocks or Impossible Meat