Market is clearly on drugs today.
I fully expected what came out from the Fed minute was supposed to crash the market, yet it rebounded because permabulls don't know when to call it quits.
Either way, this is the best time to either short the market for the next few years. Also, if you are still some of those stubborn permabull Bitcoin holders who bought into today's hype, expect to get dumped on double or triple times later today or tomorrow...all the way to zero by or before July 1, 2022.
I still rest my case. If you want explainations, please read my previous technical analysis.
I fully expected what came out from the Fed minute was supposed to crash the market, yet it rebounded because permabulls don't know when to call it quits.
Either way, this is the best time to either short the market for the next few years. Also, if you are still some of those stubborn permabull Bitcoin holders who bought into today's hype, expect to get dumped on double or triple times later today or tomorrow...all the way to zero by or before July 1, 2022.
I still rest my case. If you want explainations, please read my previous technical analysis.
Note
I noticed that people are calling out a peak of the DXY at 105. I call bs, because we are not even at the beginning of the parabolic US Dollar run. The Feds haven't even started the QT and the major interest rate hike up yet, so don't celebrate too early (you stubborn bulls.)
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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.