UnderGround Economics

🔥🚀🪙 Are you ready to take advantage of the opportunity of a lifetime??? Are you in position? If not, let’s get you started…

📉 I’ll refrain from saying, “I told you”.

https://twitter.com/nipseyhoussle/status/1703503466344189954?s=46&t=dpAyo-B8NWhSQaqcyC_0Ew

🆕 Update !

The moment of truth is approaching, and everyone is still wondering where Bitcoin is headed. 🤔

⚠️ Today marked a record low volatility for the past 5 years. What does history tell us?

1️⃣ In 2016, this marked the beginning of a new bull run, and Bitcoin soared by +4440% ;
2️⃣ In 2019, the year began with a -51% correction followed by a bull run and a gain of +2115% ;
3️⃣ Earlier this year, a similar record low B*W was reached, and we witnessed a rally from $16k to $31k (+86%).

Among other positive signals on the higher timeframes (HTF) that I mentioned earlier:

✅ A confirmed 200MA x 50MA Golden Cross (new!) ;
✅ Hash Ribbons printed a BUY signal ;
✅ Bullish Cross on EMA Ribbon ;
✅ The Money Flow Index turned up after bottomed ;
✅ TSI (True Strength Index) Bullish cross ;
✅ Approaching cross on A*O (Average Sentiment Oscillator) ;
✅ DXY entered the red phase on Gaussian Channel ;

This bear market was the longest in history, lasting almost 500 days, and the bear market is undoubtedly over. With my experience in this game, I don't believe that an 8-month rally will smoothly transition into another Bull Run phase without a solid shakeout. 🙃

Whatever happens, I'm still balls deep in USDT (~70%) and will welcome any correction to fill up my bags. 💰

The yield curve has now been inverted for over a year.

Will this spell recession, as it has historically?

Atlanta Fed Reserve Bank Mentions XRP as an “International Payment Medium” XRP and Ripple remain at the center of attention in the conventional banking sector, as evidenced by the recent report from the Federal Reserve Bank of Atlanta