Just a heads up lots of volatility we will be faced the next month or so.
Back in march 2020 we had a huge crash on all stocks. Many took huge opportunities to buy hammered good companies now they are overstretched beyond there 1 year protentional or so some retracement is due.
those positions are all about 1 year old which means for USA they are long positions which lowers their tax rates substantially. its 100% likely day 1 of that moment when everything fell so far last year that retail investors will start to close positions/profit taking.
How crypto will react?
What's your thoughts on this how will crypto be impacted. Positive? negative will they push there profits into crypto or other investments?
as of 3/24/2021 The prices of crypto currency have dropped. Whats different about this time is the Alt coins are losing deep Values that are probably setting those back weeks/months. A correction basically What I think is happening.