StockDad
372 posts

StockDad
@StockDad5
Start-up Executive, Amateur Trader, Professional Dad. Trading is not my job, it's a hobby. Diversification of income, plain and simple. Opinions are my own.






$BTC could fall below $20K. Lots of buying opportunities are coming up.


$BTC daily timeframe -lower lows establishing -resistance at yellow solid line -support at green solid line set at $22.75k -next major support at 78.6% green fib line ➡if support at $22.75k holds, then should see a bounce to the upside 🚨support fails, we continue to drop 👇



In 2008-09, when the Fed started quantitative easing, I thought that inflation would take off. I was wrong. Instead, velocity - the rate at which money turns over per year - declined, taking away its inflationary sting. Velocity still is falling.







