Here is Peter Thiel’s email to Zuck and Andreessen in Jan-2020 predicting socialism.
Tl;dr too much student debt and lack of affordable housing keeps young people with negative capital for too long. And without a stake in the capitalist system, they will turn against it.
Major areas for BTC support.....
40k (taken out shortly)
38k (likely taken out)
then it gets interesting...
34k
31k
28k
25k (absolute floor, unlikely to even make it this low)
The next 3 months will be interesting. Absolutely expected some accumulation to happen once we find floor. New all time highs next year or MAYBE Q4 this year.
Major areas for BTC support.....
40k (taken out shortly)
38k (likely taken out)
then it gets interesting...
34k
31k
28k
25k (absolute floor, unlikely to even make it this low)
The next 3 months will be interesting. Absolutely expected some accumulation to happen once we find floor. New all time highs next year or MAYBE Q4 this year.
What Lyn refers to is actually a useful technique for settling a disagreement. Try to accurately restate your opponent's position, in a way that your opponent agrees with. Ask opponent to do the same. Lots of arguments proceed from misunderstandings of the points being argued.
The Silicon Valley Bank failure brought the health of the US banking sector into question.
Large and small banks are very different in the US, especially after the 2008 crisis.
Here are some of the differences and problem areas for small US banks 👇
1/
In #btc news…. On all short time frames the MACD has either crossed bullish or is nearing a cross and RSI is way oversold and recovering. I slight relief rally on BTC is highly likely up to 21.8k and maybe even 22.2k
$BTC $ETH #ETH $SPY #SPX#SPX
If we zoom out even further we can see on the 2W we are still riding the 8ema down. 200ma at 13.4k could be support if we dump. $BTC #btc#crypto $spx $spy $eth
$BTC is reaching the end of its consolidation in this triangle. We can see a break in either direction and this weeks CPI print could be the catalyst. Technicals are screaming bearish, but a good fundamental catalyst can negate that. #crytpo $eth #bitcoin#btc
$SPX at critical levels here. We could have a strong bounce and relief rally or flush through. I suspect this weeks PPI and CPI prints will determine our direction. So. I’d wait for that. $SPx $SPY $ES $BTC $ETH