Possible "bull market is back" situation
Oh oh. It's looking alot like 2015 bottom. Brace yourselves, a "bull market is back HURRAY" situation is possible.
The very day, literally the HOUR, the new cold virus quarantine started in europe (and the USA about the same time I think), the sun started shinning HARD, and temperature went up - I kid you not - 10°C, instantly. It is 17° right now...
Probably this FUD disappears soon.
If I the incompetent leaders that left total open borders to not look racist pat themselves on the back and say their decisions made it go away (rather than the sudden weather change) I will puke.
Totally believe in conspiracies now.
The incoming great depression needed a scapegoat. They want to avoid ww2 & camps. Can't blame them. And presidents don't want to be blamed for the economy.
So, people are going to realize nothing happened, there was no zombie apocalypse (by the way that one is possible not trying to create drama, I will explain in a future s&p500 or djia idea about virusses).
People working in stores are openly calling their clients idiots now I love it xd Some say they will starve to death because all they bought is toilet paper.
My gawd talk about an overreaction. Some really dumb people are acting like there is an alien invasion combined with several supervolcanoes erupting and a meteor hit earth too.
Anyway, the global markets fear overreaction and super selloff (the worse since 1929? I don't even know but it' sone of the worse) may soon be over.
Buyers will slowly show their nose, also with the FED magical money printer (they did not stop the selling earlier this week when they printing billions of fake money, reminds us of what happened in 1929 when big bankers tried to stop the crash).
For the next couple of weeks, months, year+, I would expect price to hesitantly go up:
So, talking about imaginary money printed out of thin air. Bitcoin.
In 2018 we saw BTC & SNP500 were often correlated.
And look:
They are not (always) "precisely" correlated but they really seem to share the same sentiment.
Euphoric risk taking world psychology = BTC go up.
Fear = BTC go down.
Crypto investors that know nothing about finance & are not interested might not like it, but you're going to have to get interested :)
Every clown out there calling for a mega depression right now "IT WILL GET MUCH WORSE VERY FAST RAAAAAA"
I'd say they will get liquidated but they don't even trade.
Nouriel Roubini number 1. All bearish since 2009 lmao (talking about stocks)
Once the fears will disappear, and the price trends up, then the depression can begin :)
Fear ==> Relief ==> Fear = Fear * 10
This is my favorite scenario, I would like a few months of calm forex trading, allthought I didn't do that bad even with all the random volatility but might have gotten lucky, I don't like it.
Let's get this Tether monopoly money printer started and let's buy Bitcoin with USDT backed by the Bitcoin they just bought ;)
* PS: I'm literally saying the price of stocks & crypto will go up in the next months so to the incredibly stupid people that lurk, kindly refrain from calling me an idiot that got burned when this happens, and do not tell me I was being sarcastic either. Also we all know after it went up and then fell back down you won't be anywhere to be found.
The very day, literally the HOUR, the new cold virus quarantine started in europe (and the USA about the same time I think), the sun started shinning HARD, and temperature went up - I kid you not - 10°C, instantly. It is 17° right now...
Probably this FUD disappears soon.
If I the incompetent leaders that left total open borders to not look racist pat themselves on the back and say their decisions made it go away (rather than the sudden weather change) I will puke.
Totally believe in conspiracies now.
The incoming great depression needed a scapegoat. They want to avoid ww2 & camps. Can't blame them. And presidents don't want to be blamed for the economy.
So, people are going to realize nothing happened, there was no zombie apocalypse (by the way that one is possible not trying to create drama, I will explain in a future s&p500 or djia idea about virusses).
People working in stores are openly calling their clients idiots now I love it xd Some say they will starve to death because all they bought is toilet paper.
My gawd talk about an overreaction. Some really dumb people are acting like there is an alien invasion combined with several supervolcanoes erupting and a meteor hit earth too.
Anyway, the global markets fear overreaction and super selloff (the worse since 1929? I don't even know but it' sone of the worse) may soon be over.
Buyers will slowly show their nose, also with the FED magical money printer (they did not stop the selling earlier this week when they printing billions of fake money, reminds us of what happened in 1929 when big bankers tried to stop the crash).
For the next couple of weeks, months, year+, I would expect price to hesitantly go up:
So, talking about imaginary money printed out of thin air. Bitcoin.
In 2018 we saw BTC & SNP500 were often correlated.
And look:
They are not (always) "precisely" correlated but they really seem to share the same sentiment.
Euphoric risk taking world psychology = BTC go up.
Fear = BTC go down.
Crypto investors that know nothing about finance & are not interested might not like it, but you're going to have to get interested :)
Every clown out there calling for a mega depression right now "IT WILL GET MUCH WORSE VERY FAST RAAAAAA"
I'd say they will get liquidated but they don't even trade.
Nouriel Roubini number 1. All bearish since 2009 lmao (talking about stocks)
Once the fears will disappear, and the price trends up, then the depression can begin :)
Fear ==> Relief ==> Fear = Fear * 10
This is my favorite scenario, I would like a few months of calm forex trading, allthought I didn't do that bad even with all the random volatility but might have gotten lucky, I don't like it.
Let's get this Tether monopoly money printer started and let's buy Bitcoin with USDT backed by the Bitcoin they just bought ;)
* PS: I'm literally saying the price of stocks & crypto will go up in the next months so to the incredibly stupid people that lurk, kindly refrain from calling me an idiot that got burned when this happens, and do not tell me I was being sarcastic either. Also we all know after it went up and then fell back down you won't be anywhere to be found.
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