What I'm watching... ๐Ÿ‘€ Priced in gold, the last time MSTR was as oversold (in RSI terms) on the weekly charts as it is today was during the deep valley of the flash Covid recession in March of 2020 (see vertical green lines). At that harrowing time, MSTR reached as low as $9 per share. For a long-term investor, this may be a proverbial "blood in the streets" moment for MSTR shareholders. Not investment advice... but interesting to note. Thoughts? image
Once (if) the government shutdown ends, Fed Net Liquidity will become relevant and sexy again. Until then, the Liquidity Blob remains stuck in the Fedโ€™s and Treasuryโ€™s back pockets. When (if) the shutdown ends, the Liquidity Blob will finally and mercifully begin shifting back to the people and the public markets. This shift should quickly be reflected in the fiat price of #bitcoin. GM.
The two most important (and generally overlooked) factors in determining (guessing) bitcoin's fiat price action over the coming quarters are: 1. Chinese liquidity 2. American manufacturing I expect both to accelerate... materially. Just my guess. You do you.
Regarding the much discussed coming Age of Abundanceโ€ฆ Universal basic services (UBS) would be much wiser and more beneficial for humanity than universal basic income (UBI). UBS examples may include widely available: - Clean water - Electricity - Bandwidth - Safe roads and bridges - Food - Housing - etc. Discuss. #AI #Robotics #UBS #UBI
The Revolution isn't coming... it's already here. After an ~80 year run of the post-WW2 system, the much-anticipated global geopolitical, monetary/financial, and societal reordering is well-underway. Remember that great societies are built on proof of work and die on proof of stake. Keep your eyes open and adapt accordingly.