ChiefMacro

Serious Concern for Global Markets

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INDEX:BTCUSD   Bitcoin
All four of these charts represent not only their own value, relative to the dollar - but also the general health of their local economies. So what are we looking at? Upon closer examination, we can see identical bearish price action in all four charts. As such, we can assume that bearish price action (weak demand) among these asset classes, is implicit of some kind of adverse underlying economic "condition".

This new "financial crisis" is no coincidence.

Be careful out there. Stay low and move fast.

God Bless!

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