1/ This has always been one of the highest probabilities. Impending doom calls from bears and blow of top calls from bulls makes both parties too early. Goal posts will be shifted but secular will remain in tact imo.
2/ is it possible to make new lows? Sure it is. Anything is possible but from my read on the markets it would then most likley mean follow up bullish divergence. And that would ultimately lead to the same conclusion, however I do not see new lows as the highest probability here.
3/ from everything I have looked at for this past year makes me believe the market will ultimately enter its impulse no later than March 2023, but being ready from here on out for the final turn. As I do believe this is the last dip in the markets.
4/ yes the whole world knows by now official recession is on its way. It would be a mistake to think the market does know this as well. Financial markets will always lead. Money makes the world go round.
5/ The recession most likley will not be nearly as bad as people think but the "bust" scenario will likley still happen with a recovery there after. See this bust scenario happening no later than Jan 24- May 24. BTC most likley ends it's run couple of months before Jan 24.
6/ You don't have to hold a degree in economics to see inflation has topped nor to see the dxy was propped up and weaponzied this whole year. Will Something break becouse of it? Not sure but it will lead to the same outcome nonetheless with a loss in confidence in the dollar.
7/ conclusion is still the same.
Secular remains in tact but most likley gets one major covid like bust before commencing its final run towards 2030.
What does crypto do with all this?
Secular remains in tact but most likley gets one major covid like bust before commencing its final run towards 2030.
What does crypto do with all this?
8/ with Elon taking over social media, tech and AI in the spot light. And growth stocks looking primed. I can't see how crypto is not part of the bigger picture. But during these heavy corrections it is blatantly obvious that you do not want to be holding any of it.
9/ I have reasons to believe China and Russia is accumulating gold. and I have always said Gold makes its secular breakout when the secular bear on equity markets hits. Some countries have been preparing.
10/ This is the markets and no one has a crystall ball. We can only do best we can with the knowledge we have at the time. Therefore risk management should be on the top of your list when you enter the market.
And remember rotation is the name of the game.
And remember rotation is the name of the game.
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