THE BIGGEST CRASH IN HISTORY HAS BEGAN
As you can see we are only in correction territory, in the stock market at the moment across the indices, however, it could be reasonable to possibly see a bounce here before seeing the final leg downwards, as it breaks out of the theoretical head and shoulders.
I feel the biggest crash in history is coming and we will be set in for a multi year bear market, I've been saying this for months (you can look at my previous trading view ideas), the government has printed 80% of all dollar bills since the first 2020 lockdown. They then sent out $1000 stimulus checks across the country, creating the greatest bull run in history - and what comes up, must come down.
Bitcoin is already down 50% since November. That should be enough said. I believe crypto will follow a similar path to the dotcom crash in 2000 and see up to a 90% retracement.
However, time will tell and it is still early and we could just see a large correction, however, I thoroughly believe the is the crash of the century.
I feel the biggest crash in history is coming and we will be set in for a multi year bear market, I've been saying this for months (you can look at my previous trading view ideas), the government has printed 80% of all dollar bills since the first 2020 lockdown. They then sent out $1000 stimulus checks across the country, creating the greatest bull run in history - and what comes up, must come down.
Bitcoin is already down 50% since November. That should be enough said. I believe crypto will follow a similar path to the dotcom crash in 2000 and see up to a 90% retracement.
However, time will tell and it is still early and we could just see a large correction, however, I thoroughly believe the is the crash of the century.
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