Face Melting Bitcoin Rally
Updated
Fed changed reserve requirement ratio for banks to 0%.
Bailouts have already started, TARP was the last time congress needed to approve a bailout. No longer. Can't allow them to have a chance to vote no.
Bailouts have already started, TARP was the last time congress needed to approve a bailout. No longer. Can't allow them to have a chance to vote no.
Note
If Bitcoin's rally is face melting, I don't have a word for how well the alt-coins will do.Note
Hallmarks of this Rally?!It doesn't sell off in the way that every other rally has. Steady climbs, with a lot of volatility no doubt, but I think the curve I've drawn describes the difference.
This is the least crowded trade in history, met with the best performing asset in history. People trading "the old guard" aren't even willing to put $1000 in for the sake of diversification.
Mainstream Media advertises the $2 Trillion fiscal stimulus, but fails to mention the $4 trillion the FED is willing to print which will result in the consolidation of wealth and power to the very top people and businesses. It's laughable.
World reserve currency has changed every hundred years or so. US, Britain, France, Netherlands, Spain, Portugal. Next in line is China and don't think for a second that's going to happen. They already have concentration camps for their Uighur population and who knows what will come out regarding the experimental medical testing that went on during their covid-19 crisis.
Trade active
Close to all time highNote
New all time highNote
Lots more facemelt to go. New trillion dollar stimulus packages, soon to be daily.Trade active
Bitcoin ETF. Epic...
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