Technically, the chart is vivid and self-explanatory.
The RSI (14) is implicating an obvious Negative Divergence before the last downturn and the chart recent structure.
The US treasury has no other option but printing more and more bucks, or cutting the interest rates. I don’t know any other financial instruments.
Fundamentally, no market structure can soar or fall eternally.
I have had a look on BTC and Gold Futures. Gold has some room during the coming years. Yet, regarding bitcoin, according to futures I prefer not to be too optimistic.
The implications at the moment are only some assumptions and the future remains a uncertain. This is a systematic luck guess and bet.
We have several barometers and tools based on which we can Approximate the possibilities through a few scenarios and nothing more.
Eventually, we need to check those factors and barometers and practice several reasonable scenarios on our capital.
This is not a financial advice, but it is a serious warning against perils if an over-financialization phenomenon following almost a century from that black era of high unemployment and economical downturn that the US experienced in 1930s.
DYOR
Please like and follow and have your comments inhere.
