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Bitcoin New All Time High, Russel Dumps, S&P 500 & Nasdaq Sell-Off Next?

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Let’s take a look to see if this stock market selloff is going to continue. Bitcoin new all time high. I can’t predict the future, but I am able to follow what is going on the charts… Let the charts unravel the story for us… We try our best to stay on the right side of the trade.

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6 Comments

  1. Jordan, I've been following you for only a few months now and just wanted you to know how much I appreciate what you do, as well as how much I've learned by listening. Thank you for the time and effort that you put into helping others understand markets and trading strategy. As far as the confusing movements in gold and the dollar, I was listening to this Stansberry Research interview that indicated that some of the downward movement in gold prices might be the result of some folks selling their gold so they can buy into bitcoin…possible bitcoin FOMO fever?!?!! Anyway, here's the link to the clip (https://www.youtube.com/watch?v=YAwC-DgveQ4) — the specific reference is at 2:57. Thanks and keep up the GREAT work!

  2. Gold and silver appear to finally be bottoming out before the next major move up. Miners already started bouncing a little and metals should follow, at the minimum up to 1850 gold resistance. Even we fail to break that and come down for a final dip, I really don't see us going any lower than 1749 strong gold support, which also amounts to the 38.2 fib retracement. The time to move profits from EV to metals is now imo.

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