Historically speaking. Just an observation.
I am a long-term bull of BTC but I think we're somewhere in the middle of the current trend, ex.
I am a long-term bull of BTC but I think we're somewhere in the middle of the current trend, ex.
Note
More realistic trendNote
However I believe longterm we will make an S trendSomething will happen as this is all happening when the USSA is about to reach peak retirement among the population demographic. Hyper inflation kicks in, pension funds go bankrupt, big banks get bailed out, etc. This time is not different but it's worse. The GFC imposed a permanent status on a temporary solution (inflation). More money will be printed, the USD will lose its #1 status, albeit maybe slowly rather than quickly, but who knows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.