Good morning fellow Steemians.
In doing my daily work as I've done for about 40 years I came across the chart below, compliments of MORGAN STANLEY.
I've learned a few things in my time, some the hard way.
1.) patience
2.) learn who is worth listenning to. Too many are not.
3.) Trust your instincts.
See my posts back above 15,000 Bitcoin. the sell, the hold the buy. You can buy here. I said the battle ground will be 8000.
I like what I'm seeing.
Coincidence the NASDAQ BUBBLE AND BITCOIN?
You be the judge. I posted yesterday the next serious move is up. Like too many on the board, you don't need 4 posts per day on every three hundred dollars bitcoin moves.
Have a great day. I'll have more extensive update probably Friday on the DOW (short term bullish...not longer term),
Silver and gold...very bullish longer term...more consolidation for a short while longer 1300- 1360 gold.
an UPVOTE is ALWAYS appreciated.
Chart: Morgan Stanley
Nice comparison! Can you add another picture where you can see the progression of nasdaq after the correction?
...to my memory..the Nasdaq dropped from about 5000 to 1100 (approx.) in '03 and 3000 to 1300 in '08 then to well over 6000...easy to find "google" Chart on nasdaq...and thanks
WARNING! The comment below by @marlon23 leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.
The bitcoin correction will be over likely under $3-5k....but then after that...$500k here we come
https://steemit.com/bitcoin/@heyimsnuffles/the-bitcoin-bubble-4-0-the-best-is-yet-to-come
I'll take it...thanks..
Very interesting chart pattern.
thanks.