CRASH IN STOCKS KEEPS COMING! BITCOIN IN CONTINUATION − 稼げる投資系口コミ情報サイト【Trade Center】

Bitcoin had a reaction that is looking now like a Symmetrical Triangle or a Coil (you better know that synonym if you’re doing the TA certification…) that should result in the continuation of the previous downward movement to its next objective of 3k.

The S&P continues to behave like It’s entering a Bear Market probably with a sharp fall like a Crash. There will be in our opinion serious consequences to the Crypto world, but as Bitcoin has already Crashed approximately 43% in 12 days, maybe it will be only perceived as a store of value since de beginning of the Bear Market of the stock prices an consequently benefit from it.

The market cap of all the Crypto economy today is $128 Billions down from 823 Billions this last January. That’s nothing compared with the Trillions that reside in the Stock market.

It’s not time to follow the “Buy and Hold” strategy in stocks. Place a Stop order in your Broker! or your subconscious will not let you liquidate your positions until too late. Gook luck on that if you still have stocks.

Oil prices keep sending us the message that there will be no economic expansion, on the contrary, prices fall because there is a recession in the horizon.

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#bitcoin #dow #crash