Moon Street Cheat Sheet
All same color lines are idendical to eachother ( copies )
3 times since BTC's beginning, they have been pretty accurate with both time and angle ( on log chart )
is 4th time the charm , or was it the 3rd ?
We shall see
Sheet
$BTC Wall Street Cheat Sheet$BTC breaking away from anger for a small bear market rally. Could end anywhere between 25-30k. Breaking back and holding above 32k~ would be similar to breaking back 6k in 2019. Holding above 20.400$ on the daily is essential.
Total Fed Balance Sheet and GDPSince 2003 the USA's GDP has grown about ~100% (roughly)
Since 2003 the USA Federal Reserve's Total Assets on Balance Sheet has grown ~800% (Roughly)
Interesting... What are your thoughts? Does this matter in the new 'debt' economy we live in?
If people own your debt as treasury bonds / securitized debt, don't they have a bias to see you succeed long enough to pay back that debt?
Much Love
xoxo
snoop
Dell has an awful balance sheetDell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here.
Dell is my number one short position with out-of-the-money put options into June.
