Technicals say to short with a tight stop somewhere around here. It’s ok for a short term trade.
But, this bear trap will be remembered by generations. I expect a V-shape recovery. My opinion.
Reason: the speed of how fiat currencies are getting devaluated by insane printer.
6 trillion of unlimited cash and they aren’t going to stop. Buy a deflationary currency if the future of internet. If it drops, buy more. USD is officially worth zero.
Published at Fri, 27 Mar 2020 01:39:44 +0000