2022-05-11

Thanks Inflation! Bear Market Rally Destroyed in 10 Minutes

Could resume a rally from here, or take out the lows and descend into the abyss. The lesson here is that the bear thesis I've been working off for the past year is still in effect. It works in both directions too. Inflation up, stocks down. Inflation down, stocks up.
BTC is a speculative bubble asset:
Gold divided by BTC. Hello based chart. My read is this signals a breakdown in BTC more than a rally in gold at this moment.

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