Hey, what is going on in the markets?
On financial twitter, such comparison charts on the S&P500 index between 2008 and 2022 regularly pop up:
It is estimated that the down movement will follow along.
This week, the highest inflation surge was reported for the Netherlands:
We have repeatedly warned of the final melt-up boom and subsequent crash in the financial markets:
David Hunter predicts stock market crash by 80 %
Meltdown Scenario for the S&P500
Meltdown Scenario for the Dow Jones Industrial Index
It may be true that the stock market recovers after the final sell off, but we are not convinced:
We would rather recommend investing in the new form of money, Bitcoin. This is the ugly, red, fat line in the Bitcoin weekly:
If the support around 17 300 breaks, things may speed up rapidly.
We expect a downturn of 80-90 % in the bitcoin price from its top in 2021.
Starting from 69 000, an 80 % crash would go down to 13 800.
A 90 % crash would go down to 6 900.
Any bitcoin price between 20 000 and 6 900 can be considered a bargain.
This is why we recommend to buy bitcoin regularly as soon as the price drops below 17 300.
Up to then, you can educate yourself on bitcoin following this 21-day education program: