Hello!
This morning I read in the newspaper that the government is locking some cities again near where I live. They even suggested that people should just go outside if there is a need for that, this are steps already taken before when they finally locked down the entire country.
I don't want to be dramatic but things are getting really serious again. I thought that it was happening just in some countries but it seems that it is spreading again. We'll see if this early measures are stopping this second wave acceleration but I am not as optimistic as before.
This is bad for everybody but there is always an opportunity. If this second wave explodes again and we are back in country lockdowns, the stock market will probably crash again.
It all suggests that if the stock market crashes the price of Bitcoin will tank again, and we'll be able to buy more. 😊
What the fuck is happening in USA?
If the numbers below are true (I am giving some credibility to them), I don't know what the hell is happening with the US stock market.
I don't believe that a money printing machine is enough to stop a pandemic that is spreading like crazy everyday.
At the begging, people not wearing masks was ok for me. But now it is getting really serious, if I was in the United States I would consider wearing it all the time.
I am not sure how they will handle this, but it looks really bad.
This is why I believe that Bitcoin will fall if the stock market falls
They often say that an image is better than a 1,000 words, well, here it is the image:
- Blue is Bitcoin
- Red is NASDAQ
- Green is S&P 500
Judge by yourselves.
I was starting to get bored with BTC moving arount the 9,000$ mark, but everyday the change of direction upwards or downwards is closer.
Enjoy! 😊
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