Inflation: Persistent growth of the price level of a basket of selected goods.
Deflation: Fall in overall prices in an economy. Increase in purchasing power of the currency.
From deflation to hyperinflation, the historical route:
1. Central authority inflates paper assets, i.e. bonds, stocks and derivatives. Effect is capital inflow from real economy into paper...
Sentiment is changing. Signs of reversal is now manifesting on all time frames:
1H-4H: Printed cup and handle with smoothed bottom. Now above neckline, 7,38xk. Target reached.
1D: Inverse head and shoulder. Target for neckline is 7,8k.
1W/1M: Looking to close out monthly with a bullish candle (high body, short upper wick)
6,7k-7,8k is a great range providing...
