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Contrarian4life

Musk + Bezos + Burry + Retail vs BuffetWho are the American stock market heroes? 1. Musk (the hero of the American people, a role model, and someone who speaks the language of the young) warning of a recession in mid 22 twitter.com 2. Bezos ( the one who build the giant of AMAZON to whom they even made a song for him www.youtube.com) warning of a meltdown 3. The TV Star Dr. Burry!!! ( everybody loved the movie and want to short like him) warning that the crash is about to come twitter.com And then you have these 2 points 1. The unpopular to youngsters Buffet investing more money fortune.com 2. Robinhood to allow all retail short stocks techcrunch.com In my previous post, I showed how the 4-market phases look similar to today's market image BUT when everybody sees it you know what happens...
SP:SPX
by Philoslother
3
BTCUSD: Wait for the decline to endThe daily $BTCUSD charts shows a 20 day downtrend signal is active, and the target is as low as 1790.02 by July 29th. If we don't hit this level on time, or if we hit it too soon, it might be a terrific chance to add to longs by then. I think this aligns quite well with the timing for fundamental events. It is likely that Segwit2x is supported and Segwit locked in by that date, before the August 1st deadline is reached, thus preventing a chain split and rescuing the Bitcoin bulls, albeit in the intermediate term -before the 3 month period ends, and the hard fork becomes mandatory. If that is the case, I can already anticipate the hard fork busting the bubble, which I think, might see $BTCUSD hit close to $6009 at the very top, before correcting/consolidating for 2 years, a la 2013 peak. This might happen by November, which matches the Segwit2x hard fork schedule, if it comes to pass as described. I'm long $BTC, and looking to add once this downtrend signal fails, or even if we hit the target. It might be wise to hedge your $BTC exposure in the meantime, for instance, being long $ETCBTC, or outright short $BTCUSD (I favor the former over the latter, since it is a possibility that this support holds and the short sellers 'fall short' of their expectations in time).The hedge is optional though, since ultimately, long term charts are bullish for $BTC. Sentiment being extremely negative isn't particularly exciting for shorts in $BTC either, I think this pressure on price will be short lived, so, better wait the reccomended time to add violently to longs. Best of luck, Ivan Labrie.
BITSTAMP:BTCUSD
by IvanLabrie
71