100% it will.I am using margin account as I get very good rate from TD and I am down a lot, Hope it recovers.
100% it will.I am using margin account as I get very good rate from TD and I am down a lot, Hope it recovers.
I think Trump is trying FED to cut interest rate.He has been mad at FED.sp500 rsi daily near oversold ..usually bottoms around there
think a bit more downside until Fed / opex (March 19 and 21) ...maybe to 5400
will admit if Fed stands pat we could he in trouble
bulls must defend 5100
yes that's what's he's trying to doI think Trump is trying FED to cut interest rate.He has been mad at FED.
If the crash goes 40 - 50% I say this cycle is prematurely over and we're into a new Bear cycle. I'm long and hope I'm wrong ( hey it rhymesBTC now at 79K!! On Jan 20/25, BTC was at 106K!! In other words a 25.5% loss in price, since Jan 20/25!!
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Whether Trump prematurely broke the cycle remains to be seen. Hopefully not.If the crash goes 40 - 50% I say this cycle is prematurely over and we're into a new Bear cycle. I'm long and hope I'm wrong ( hey it rhymes) !
Normal bear markets retrace 75 - 95% from ATH, I think last cycle BTC / ETH were about 78% retracement, if my math is right . . .
There’s a decent chance Trump destroyed this already weak cycle. Too much fear and uncertainty. Not to mention the insane amount of manipulation and corruption this cycle. Total lack of regulation. This is what happens when the big players get involved .Before CPI data it hit $ 84,400 , that hourly candle on my Trading View app showed it back at $ 82,500, that means no solid conviction with no high bids to keep the market rallying. UGH !