First off, when the dust settles, I believe Biden will be a 2 term president. I believe there will be plenty of money printing, further devaluing the US dollar down to around 57 - 60. The last time these moving averages flipped was back in March of 2003 resulting in a drop of the DXY index of 33%. History doesn't necessarily repeat itself, but it sometimes rhymes. Money printing is going into the fast lane. Position yourself accordingly by buying deflationary assets.
Kommentera:
my understanding of this chart was clearly wrong, oh well - trading is a journey of learning and understanding when you're wrong micro or macro.
Kommentera:
I also do not believe Biden will win but we'll see I don't see Trump winning either though.
Kommentera:
I also think no one has enough bitcoin for what's about to happen to that world
Kommentera:
Boy was I wrong, nope Biden won't be re-elected and the DXY is toast!
Start buying Bitcoin an economic storm is coming - and it's coming fast.
Start buying Bitcoin an economic storm is coming - and it's coming fast.