Dear Friends!
D4rkEnergY is back - he knows the importance at looking at other traditional markets - Crypto is not enough. Especially traditional markets like US Stocks (Indexes like Dow Jones - which is the most important -, Nasdaq and S&P) play a big role in markets all around the world - also crypto.
Not a lot of people talk about it, but I'm gonna show you, why a New Market Crash will happen soon. In my last video I explained why I think we can expect to see a Financial Crisis within 1-1.5 years. Now we going to find out how it will effect the world and Crypto and Bitcoin.
KEY TAKE AWAY'S FROM LAST TIME - DOW JONES (DJI):
- If we drop -16 % from our HIGH, we will go into a Bear Market (red dotted line)
- 80 % of the time we will also drop to -24 % according to historical data.
- 73 % of the time, if we go into a Bear Market, we will also go into a recession.
AND an average bear market last 1.5 years with a - 34 % percent decline in price!
SO: Just keep in mind - if we see drops in Dow Jones, and if we go into a Bear Market here, if will affect the whole world economy!! That is why this index is so important.
D4 Loves You <3
PS. Please leave a LIKE and I will go more in depth, what will happen with the money when we will see a Financial Crisis - and let's see if Bitcoin will be a safe heaven - In the mean time, please tell me what you think! THX