Lose that Level "Kiss of Death" on the S&P and it's lights out
Elon Musk has left countless warnings over the past 12-24 months.
For tops and bottoms. I live on Twitter and charts probably more than anyone else with 12h+ per day of it for a very long time.
I have time to see/find things others won't...
After warning of the $69,000 top for Bitcoin back in late October (with the $69,000 top happening 2 weeks later...), Elon has warned of Roaring 20's back on January 2nd this year and this was at the very top of the stock market. The roaring 20's was a great period for the US economy that then led to a Depression. He's WARNED US of it AGAIN but all influencers and their followers are in denial because no one wants to believe they will keep losing $...
And influencers know that if they go bearish , people will ignore them and search for who's shouting "TO THE MOOOON!"
The FED is in QT mode and will double-down on it very soon.
The FED will allow the Housing market to crash as J. Powell said yesterday on the FOMC meeting.
The Bank of England (BOE) has announced today that the UK is in a Recession (even though we are going through a Recession for at least one year already and the average timeframe is up to 18 months)
If Elon is right again...(likely) we are going to enter a full-blown Depression and yes, you will find plenty of people in denial out there. But they will be the ultimate losers.
The only way this doesn't turn out as bad, is if the S&P doesn't lose that level and the DJI doesn't lose 29,500 level.
If it does, then it's likely Game-Over. It'll crash, and the FED is potentially going to pivot (print more $) to save the markets (Stocks, Housing, etc...)
Until the FED stops QT and mentions the words "Pivot" or "QE" don't be the fool who's going to expect a bull-run anytime soon.
Better days will come. Economies ALWAYS reset. And we're going through one of those resets in my opinion.
Bitcon -85% level from the $69,000 top is right before the Covid-crash @ $10,500. That's where i would accumulate pretty heavily but i'm am happy to start adding BTC when it's hovering on the $14,000
I will be aswell adding some blue-chip stocks such as: AMZN, PYPL, AAPL, RCL, NVDA as a few examples.
The FED printed trillions upon trillions and gave a lot of that $$$ for free. There's people out there claiming that cryptocurrencies will do 100-500x again...LMAO
When does a thieve steal and go back to the scene of crime to put it all back and something extra? Never. It won't happen.
Be smart. There's plenty of dumb sheeples out there already.
Whatever you do in life, build 3+ income streams. Otherwise, the system wins and you'll stay on the hamster wheel forever...All the best!
For tops and bottoms. I live on Twitter and charts probably more than anyone else with 12h+ per day of it for a very long time.
I have time to see/find things others won't...
After warning of the $69,000 top for Bitcoin back in late October (with the $69,000 top happening 2 weeks later...), Elon has warned of Roaring 20's back on January 2nd this year and this was at the very top of the stock market. The roaring 20's was a great period for the US economy that then led to a Depression. He's WARNED US of it AGAIN but all influencers and their followers are in denial because no one wants to believe they will keep losing $...
And influencers know that if they go bearish , people will ignore them and search for who's shouting "TO THE MOOOON!"
The FED is in QT mode and will double-down on it very soon.
The FED will allow the Housing market to crash as J. Powell said yesterday on the FOMC meeting.
The Bank of England (BOE) has announced today that the UK is in a Recession (even though we are going through a Recession for at least one year already and the average timeframe is up to 18 months)
If Elon is right again...(likely) we are going to enter a full-blown Depression and yes, you will find plenty of people in denial out there. But they will be the ultimate losers.
The only way this doesn't turn out as bad, is if the S&P doesn't lose that level and the DJI doesn't lose 29,500 level.
If it does, then it's likely Game-Over. It'll crash, and the FED is potentially going to pivot (print more $) to save the markets (Stocks, Housing, etc...)
Until the FED stops QT and mentions the words "Pivot" or "QE" don't be the fool who's going to expect a bull-run anytime soon.
Better days will come. Economies ALWAYS reset. And we're going through one of those resets in my opinion.
Bitcon -85% level from the $69,000 top is right before the Covid-crash @ $10,500. That's where i would accumulate pretty heavily but i'm am happy to start adding BTC when it's hovering on the $14,000
I will be aswell adding some blue-chip stocks such as: AMZN, PYPL, AAPL, RCL, NVDA as a few examples.
The FED printed trillions upon trillions and gave a lot of that $$$ for free. There's people out there claiming that cryptocurrencies will do 100-500x again...LMAO
When does a thieve steal and go back to the scene of crime to put it all back and something extra? Never. It won't happen.
Be smart. There's plenty of dumb sheeples out there already.
Whatever you do in life, build 3+ income streams. Otherwise, the system wins and you'll stay on the hamster wheel forever...All the best!