Ok maybe it is.
But let's discuss something, as I always appreciate people's inputs to my POV.
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All everyone is talking about is support this, resistance that, trends, historical data and it's a complete 50/50 long/short among retailers.
So here's me asking you the following, and stating some opinions.
Nothing matters now. Altcoins are being converted to BTC...
This analysis is very rough, but if we go by the 2000 recession, NDX took 17 years to recover.
In the meantime, between 2001and 2011while the ND went nowhere in terms of value, gold shined (golden line chart below) as it doubled in value, doubled again, and then again from about USD250/oz to 1570/oz.
If this is in any way a repeat, as I am afraid this time we...
Do people still want to hedge using BTC rather than XAU?
This post is not intended to diss anyone, but I really need your thoughts.
Couple stats below for 26/9:
Dollar index: 114
Euro Index: 100
Bitcoin: 19,200
Gold: 1,620
EURUSD: 0.96
Nasdaq: 11,200
Today:
Dollar index: 104
Euro Index: 103
Bitcoin: 16,800
Gold: 1,780
EURUSD: 1.0630
Nasdaq: 10,980
Disregarding...
