Run for the Hills!!!! Pack up your wife and Kids and head to the Doomsday Bunkers its all crashing down!!!!
Nope I'm not talking about Bitcoin and Crypto, I'm talking about traditional markets.
The Dow Jones is down a cumulative 7.9% in the past 5 days. Hundreds of Billions of Dollars have been wiped from the value of the companies. But no one seems to be batting an eye.
Meanwhile at the same time, money appears to be pouring back into the crypto markets.
So what does all this tell you?
It's either going to be bad now or bad later. A lot of the market carnage is coming from the US economy picking up - which means interest rates may rise and money printing will cease - this is the pain now option.
If the fed keeps interest rates low and doesn't kill the pump, they can, as @buggedout observes, kick the can down the road for a while, but it's all still going to crash eventually.
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thanks for your this important information
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Let's just hope that by the end of this month or early March the blood bath is over. I think that's the longest I'm willing to HODL
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It was bound to happen sooner or later. The only question has ever been "When?" it could be this week, it could be 10 years from now if they chose to keep kicking the can.
Methinks they're choosing NOT to kick the can this time....we will see.
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Its not as sexy a story for the media as BTC price going down
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Time to buy some silver and other real assists you can hold!
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Please upvote me
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I saw this on the news last night. Hopefully it bounces back soon. But they did say it was needed.
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