Bitcoin (BTCUSD): TA predicted the dot com and subprime bu...

Reply Private New

Replies (1) Next 10 Prev Next

Send PM Follow Ignore

Followers	33
Posts	3443
Boards Moderated	0
Alias Born	03/06/2017

Macaveli

Re: trunkmonk post# 10178

Thursday, 06/13/2019 10:54:23 AM

Thursday, June 13, 2019 10:54:23 AM

TA predicted the dot com and subprime bubbles? I doubt it.

The people who predicted that the federal reserve interest rate manipulation and the scams within the system are the ones who called those bubbles. TA had nothing to do with it.

The same is happening now.
The smart ones see that with 20% of the S&P 1500 being zombie companies a major crash will happen very soon. Corporate America is over leveraged and in un-payable debt. Trump sees this and wants the federal reserve to lower interest rates and implement QE before it happens. Low interest rates helps corporations at the expense of savers.

Show me where TA is pricing in a crash due to zombie companies?

Bonds are showing this potential but the stock markets are not as we are very close to an all time high.

Again with bitcoin TA does not matter. Bitcoin’s price is driven by adaption and usage.