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taxfreelt

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Everything posted by taxfreelt

  1. Charlie Munger is Berkshire Hathaway's co-chairman, and on April 30 at the firm's shareholder meeting, he said: [bitcoin] is stupid because it's very likely to go to zero. Berkshire Hathaway chairman Warren Buffet also expressed a negative sentiment toward the cryptocurrency. Bitcoin's recent price action appears to support the views of the two billionaire investors, at least at this juncture. Here's a CNBC headline from the evening of May 9: Bitcoin dips below $30,000, drops more than 56% from its all-time high Keep in mind that just days ago, the cryptocurrency was trading north of $40,000. The last time Bitcoin traded below $30,000 was last July. As you might imagine, many crypto investors were quite fearful then. Indeed, a July 9, 2021 Bloomberg headline captured the sentiment of the global chief investment officer of a major financial firm: Learn more about this rare chance to test-drive the Global Market Perspective for only $9 -- which means access to the May 2022 issue -- by following this link My opinion - bitcoin will fall to the area of 10,000 There is a good technically pattern of 3 peaks and a doomed house . On a large time frame very often works. It implies such a drop
  2. "A corrective pattern is countertrend to the larger trend in force" Every time an obituary is written for Bitcoin, the granddaddy of cryptocurrencies manages to resurrect. As a Jan. 25 CNBC headline noted: Investors fear 'crypto winter' is coming as bitcoin falls 50% from record highs The day before that headline published, Bitcoin had briefly dipped below $33,000, far below its November high of nearly $69,000. At that time, the entire crypto market had shed roughly $1 trillion in value since that all-time high in Bitcoin. Also around that time, Russia's central bank had proposed banning the use of cryptocurrencies. Read futher
  3. The Journey to High-Confidence Trading Starts Now! Next Stop: Corrective Elliott Wave Patterns Soybeans and Apple stock (AAPL): Corrective patterns signaled opportunities in these disparate markets. Your market could be next! The last 2 years have been a time of immense global adversity with the most challenging human health crisis in over a century. But it has also been a time of immense personal growth. The uncomfortable realization of our dependence on others for everything from entertainment, education, nourishment, and income came into stark, swift focus. And with it, how quickly those things can be taken away without warning because of that dependence. Read next
  4. Hello May be you have this one course? https://www.udemy.com/testing-candlesticks/?couponCode=NEWTRADERSEP
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