I did not expect that instant cliff-dive, but I can't say I don't love some good FUD.
Appears the disbelief stage had to complete sooner than anticipated.
When all these shorters die and FOMOers are the only ones left talking, we should get a retest of the 5k/4k zones. Maybe lower.
Capital flight from a dying dollar begins to become visible soon, although it's been going on for quite some time.
2.2 Trillion dollars is about to be introduced to the system. Current M1 supply 4.3T. Current M2 supply 16.2T.
I don't know what people are expecting to happen from this, but welcome to hyperinflation. It's all downhill for the US economy for the years to come.
I know, messy chart.
Not removing any of my previous lines, for the rest of time. Deal with it.
People need to know how accurate/inaccurate you are.
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