The market is very overheated. In the last few months, we have seen a very large number of IPOs. For the next month, I don't see any worthy IPOs. I observe a pattern. When the last time this happened, the market corrected.
The printing press works. There is a lot of money. This correction will be bought, especially promising stocks. I will write about them in the next post.
The market needs some pause(rest).
I communicate with many traders and most of them have such problems:
- they sold early;
- they are all in fiat and it looks like a loss.
FOMO (missed opportunity) effect. If we talk about the long-term perspective, you need to buy out the correction, and not enter the market at the top.
Most likely this correction is in the short-term. Cryptocurrencies will also fall, but Bitcoin will recover faster.
Causes:
1.the last year, a large number of Bitcoins were withdrawn from the exchanges - exchange's order books is weak;
2. many funds and public companies want to buy Bitcoin and now have the FOMO effect;
3. BTC supply has decreased.
Do not use leverage, take care of your deposit, and be ready to buy a correction
Best regards EXCAVO
The printing press works. There is a lot of money. This correction will be bought, especially promising stocks. I will write about them in the next post.
The market needs some pause(rest).
I communicate with many traders and most of them have such problems:
- they sold early;
- they are all in fiat and it looks like a loss.
FOMO (missed opportunity) effect. If we talk about the long-term perspective, you need to buy out the correction, and not enter the market at the top.
Most likely this correction is in the short-term. Cryptocurrencies will also fall, but Bitcoin will recover faster.
Causes:
1.the last year, a large number of Bitcoins were withdrawn from the exchanges - exchange's order books is weak;
2. many funds and public companies want to buy Bitcoin and now have the FOMO effect;
3. BTC supply has decreased.
Do not use leverage, take care of your deposit, and be ready to buy a correction
Best regards EXCAVO
Note
More than 90% of the SP500 stocks fell yesterday, the highest since October 2020.
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Register on these two exchanges
Send me confirmation and get VIP group for 3+ months
partner.bybit.com/b/excavo
whitebit.com/a/excavo
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Send me confirmation and get VIP group for 3+ months
partner.bybit.com/b/excavo
whitebit.com/a/excavo
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.