This is the bull case for Bitcoin by the way.
If Bitcoin sweeps the low, the pattern would look a lot like prior patterns by GOOG and NVDA.
I would assume that the rally would not result in a new all time high, but a macro lower high, before going to the 200W SMA.
@jkl852eth there can´t be a winner out of a trade war
China is in the better position imo
The US need rare earths. Without them the production lines will stand still within couple of weeks/months.
A deal between them would make sense?
But you never know
Tariffs will NOT end any bull market
There won’t be a big trade war between the US and China
Simply because one of them has to win an election
Another reason is, the problem can be solved within weeks or even days
If something ends a bull market, it could be a recession
A great way to speculate on the Gold price is to buy Gold Miners
Like Newmont or Wheaton
Even better imo is a Gold miners ETF to reduce single-stock risk
Gold miners profit from higher gold prices as their revenues grow while costs remain relatively stable
Tariffs will NOT end any bull market
There won’t be a big trade war between the US and China
Simply because one of them has to win an election
Another reason is, the problem can be solved within weeks or even days
If something ends a bull market, it could be a recession
This market will be live tomorrow... are you team @KeyboardMonkey3 or team @rektmando?
Our first ever PvP market, this one may break records, can't wait to see it go live!