for over a year i have been posting/telling you guys that a giant stock market crash will happen after the dow hits 36k! its finally here, price has broken the 36k level like i predicted! currently price is forming a lot of bearish patterns/signals, this confirms my idea that we will have a giant crash starting later this year.
i expect price to go into consolidation for a few months until bitcoin catches up to hits its final top for the bull cycle! yes, i think that bitcoin and the dow will crash at the same time! once bitcoin hits its target of 400k i think that the dow and bitcoin will crash 80%+
here are some of my reason why the dow could crash:
1. bearish divergence
2. market is overvalued
3. price is about to hit the 618 fib level ( 36k )
here below are some charts i showed you guys on why the dow will crash 80%+ in the next few years:
both these charts show a lot of reasons on why its about to crash.
another reason why i think bitcoin and the dow will crash is because there is a lot of dumb money coming into both. over the past year and so (start of covid) we have seen a lot of people get into stocks/crypto (including gme,bitcoin, and other meme coins) this is usually bearish because we have seen dumb money come in during a lot of historic crashes including: the 2001 .com bubble and the 1987 great depression. i do think that this will be one of the leading causes of the crash behind inflation.
in this chart i showed the similarities of today and 1987. please take your time to look at these charts to see why i think the biggest crash in history is about to happen.
This is It! The time we waited for is here!
i expect price to go into consolidation for a few months until bitcoin catches up to hits its final top for the bull cycle! yes, i think that bitcoin and the dow will crash at the same time! once bitcoin hits its target of 400k i think that the dow and bitcoin will crash 80%+
here are some of my reason why the dow could crash:
1. bearish divergence
2. market is overvalued
3. price is about to hit the 618 fib level ( 36k )
here below are some charts i showed you guys on why the dow will crash 80%+ in the next few years:
both these charts show a lot of reasons on why its about to crash.
another reason why i think bitcoin and the dow will crash is because there is a lot of dumb money coming into both. over the past year and so (start of covid) we have seen a lot of people get into stocks/crypto (including gme,bitcoin, and other meme coins) this is usually bearish because we have seen dumb money come in during a lot of historic crashes including: the 2001 .com bubble and the 1987 great depression. i do think that this will be one of the leading causes of the crash behind inflation.
in this chart i showed the similarities of today and 1987. please take your time to look at these charts to see why i think the biggest crash in history is about to happen.
This is It! The time we waited for is here!