medium.com/@PanteraC...ch-2020-4c73af3aaaf7
In this article looking on the charts you will find out that BTC IS CORRELATED TO SPX in Sentimental way.
Bullish thesis for SPX
1. FED 6 trilliion bailouts to banks. They are eager to get money back
2. (From sentiment trader) Smart money confidence - 83% - Dumb money confidence - 9%
3. ALL news spreading news on unemployment statistics.
4. 80-90% of those deaths from corona will be 70-100 year olds who have VERY little effect on the global economy
5. Emerging markets - all time high panic.
6. Politics will push market at any cost because of ellections. They have FED, they can do this
7. If FED prints 30% of total supply --- hypperinflation soon ---- infinite bullmarket like in venezuela
8. You all guys are panicking non stop ---- "Anything that can go wrong will go wrong"
how long do governments completely shut down the global economy? - If we defeat corona soon like this summer --- market will go up
if not -- we will witness multiyear bear market and then hyper inflation
But there will definitely be this retrenchment
In this article looking on the charts you will find out that BTC IS CORRELATED TO SPX in Sentimental way.
Bullish thesis for SPX
1. FED 6 trilliion bailouts to banks. They are eager to get money back
2. (From sentiment trader) Smart money confidence - 83% - Dumb money confidence - 9%
3. ALL news spreading news on unemployment statistics.
4. 80-90% of those deaths from corona will be 70-100 year olds who have VERY little effect on the global economy
5. Emerging markets - all time high panic.
6. Politics will push market at any cost because of ellections. They have FED, they can do this
7. If FED prints 30% of total supply --- hypperinflation soon ---- infinite bullmarket like in venezuela
8. You all guys are panicking non stop ---- "Anything that can go wrong will go wrong"
how long do governments completely shut down the global economy? - If we defeat corona soon like this summer --- market will go up
if not -- we will witness multiyear bear market and then hyper inflation
But there will definitely be this retrenchment
