@market_sleuth #1 $btc monthly chart back at 2018 peak.
#2 $btc monthly chart a couple years after.
#3 Silver monthly chart now
Evidence strongly suggests that was the top for a while on $slvr $xag and anyone arguing otherwise are either very new to markets, or very stubborn
@JUST_KAWS When $meta says they’re selling excess AI compute resources, extrapolate what that means for their capex going forward… and the revenues of companies supplying the hardware. $IGV about to have its biggest move in years
@FinanceLancelot The AI trade is over imo, and software about to have a face ripper to carry $spy higher. $meta selling excess AI compute signals they over invested, capex growth should slow, and software has likely seen the worst of it. Market hasn’t fully digested what this means
@JohnLoc18 Jesus Christ did we all make the same trades?! I’m new here but this is hilarious. Started with $2k on Friday and been withdrawing, how does everyone have the same exact $28k lol
@cryptosymbiiote I’ve never seen SPY actually play out bearish from a diamond pattern. In fact just a few months back there was one, and invalidated. I don’t see why this is any different. Secular bull market. Inflation, unemployment, oil crisis, war… its made up its mind it’s going higher