Short

REMEMBER THE GREAT DEPRESSION? Was It the Idea of Money & Wealth

So, I have been doing a bunch of reading and watching all sorts of online videos (I'm sure like you all) about the current state of the broader markets and it seems like most are signaling out worrisome forecasts.. What many are mentioning is the correlation between the dot.com event as well as the last BTC parabolic bull-run at end of 2013 that lead to a year long bear market, and don't forget the Tether uncertainty. They say to Buy when others are Fearful, but wow that just seems like a cascade of FEAR! I am no professional trader here, which is why I hope others can give a better viewpoint on this scenario considering the vast similarities I have displayed in these chart comparisons. My expectation is, of course, a bounce (maybe happening now) to somewhere around the $6,000 and hopefully recover 70% as it did the previous time - this would reach around the resistance of $10,000. So is this possible? Well, I am bullish to say yes, but would it more than likely follow another sell-off, and we are traveling again to lower lows?

Once again, this is my junior outlook and I know many are expecting a bounce, but could this market-wide correction be something GREATER we haven't seen before...

P.S. I left a helpful link to remind us all about the last great depression and what was it that got us there, and I'll give you a hint.. it had to do with Inches.

Namaste.

- Money is Like Inches
youtube.com/watch?v=g-JMHiaYIiU

US Stock Markets & Cryptos Crashing... Is This The Big One? Jeff Berwick on FSN
youtube.com/watch?v=Him7FhNYozY&t=2s

Late Night Talk w/ DataDash
youtube.com/watch?v=ILat0Fl1meE

When Will Bitcoin Go Back UP? | BULLISH BOUNCE IMMINENT!
youtube.com/watch?v=J15Z8DcQ7hQ&t=1s

- Ivan on Tech debates Richard Heart - Bitcoin, Ethereum, IOTA, Crypto Bubble, Tether, Satoshi
youtube.com/watch?v=w8_1JFE_9dI

Are Insiders Secretly Loading Up on Bitcoin?
youtube.com/watch?v=UZS6WzSpwhY

The Bitcoin Bubble - How Will it End?
youtube.com/watch?v=NjkDQKeguZA&t=340s

US Stock Markets & Cryptos Crashing... Is This The Big One? Jeff Berwick on FSN
youtube.com/watch?v=Him7FhNYozY

BITCOIN MILLIONAIRE EXPLAINS CRASH MASSIVE OPPORTUNITY
youtube.com/watch?v=DpLOXOFvMOE

Benjiman7953

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.