If Trump wins, Bitcoin will most likely go to the moon, $1M before end of this bull market cycle, will send the stock market soaring, all time high, will send NVDA to over $1k needing another 10-to-1 split, real estate will go up,.... and that will not benefit most of my family and friends It's better for the slow and steady money printing and occasional bear markets induced by lower liquidity cycles Low time preference
I think that Biden is the "fall guy". In a sense that there will be a collapse under his administration, which will cause Trump to get elected and he will restart the printing machine. Trump is not getting elected without some big event (eg. war, stock market collapse, whatever else...).
Lots of things going on and no one seems to be worried about a WW3 possibility (i.e. active conflicts in Ukraine, Gaza, Lebanon, Crimea incident) We're starting to stockpile on stuff, none of the locals understand the threat going-ons, loading up on physical cash currencies and mostly in cash in the US accounts, Taiwan scenario is looming in our part of the world And of course bitcoin is liquid 24/7 and portable to anywhere, impractical with physical gold, but I digress
Bitcoin's Double Top Suggests BTC Could Fall to $50K: Analyst The bearish pattern hints at a further correction. By Omkar Godbole Jun 24, 2024 at 2:27 p.m. Mountains, cloud, fields. (LoboStudioHamburg/Pixabay) The U.S. election and CPI could be a bullish factor later this year. Fed's preferred inflation gauge, the PCE price index, due Friday, could offer relief. ____________________________________________ Occasionally, I'd take a look at those garbage news. Obviously the writer has been sleeping for days and he suddenly wake up today.
Thanks, but frankly I don't feel all that good. In any case, good luck to you and other going forward.
That's not exactly a call. It's color commentary. Nothing wrong with that, but let's call it what it is. You wrote earlier (and then deleted) that you "called" it.