Behind the scenes, the St Louis Fed is showing you a GANN 45-degree downtrend.
Looks super bullish eh?
Yeah, no it does not.
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Disaster ahead.
PS. Eron lied his ass off in Q1 - that better be obvious by now.
Today's TA will be similar to yesterday's. The pattern appears to be changing again.
It is possible that this was just a 3-day retrace, it is also possible that the price is just temporary bouncing back before it crashes further.
If history thought us anything - cryptos price can plummet without any warning. The current situation looks awfully alike Jan 2018, when...