I’m worried about where a lot of people are getting their investment information from. I wonder how many ask AI for financial advice and price targets. I think a lot more than people realize which means a massive group of people think the same thing. AI might be the herd.
So much complacency.
I keep seeing people say there’s nothing to worry about for the stock market because it hasn’t dropped more from all the bad news. That’s not how it works. That’s complacency before the massive drop begins.
@benjamincowen I wish I could have this feeling of peace. I’ve failed and missed out on so many gains this year. I’m actually at a big loss from my short I just closed. Thanks for all the entertainment over the years. Investing isn’t for me. I’m done being a waste of space.
I can’t invest in a market where up is down and down is up.
Oil is at $100. DXY is above $100. Yields reach 5%, not a drop in the market.
I’ve eyed charts like a hawk and missed out on so many gains waiting for a crash that isn’t coming.
Time to get a real job.
BTC/USD shows a weekly bullish divergence, but BTC/XAU tells a very different story.
Gold recently overtook U.S. Treasuries as the largest reserve asset held by central banks.
Should we be measuring BTC against gold instead?
And this is the first week we’ve tested the 50W MA.
@benjamincowen I agree 100%. I think we’ve bottomed and are about to push higher, which is something almost no one expects. That said, I also think a crash in the markets is coming. Are you still estimating it won’t happen until late next month, even if the dollar breaks out sooner?
@alessiorastani Alessio! I didn’t know you had an X account. Would love an update on Bitcoin. I know you said we can see a pump in bitcoin to 70-75k range. We are currently above that. Where do you see us going from here?