Since 2009, the markets are in a bull run. We have seen multiple rejections around 2900$ zone and S&P500 is having a hard time passing through that zone.
My prediction is that the new economic crisis is coming and we will see a 50-60% correction in next 3 years.
It would be a great time to sell your stocks and invest in gold, silver and definitely in some crypto. Don't take loans or buy real estate because we will probably see a rise in interest rates.
Good luck everybody!
My prediction is that the new economic crisis is coming and we will see a 50-60% correction in next 3 years.
It would be a great time to sell your stocks and invest in gold, silver and definitely in some crypto. Don't take loans or buy real estate because we will probably see a rise in interest rates.
Good luck everybody!
In the August 2018 we've seen the price reaching the Resistance and touching a trend line in December. After we've seen a trendline retest, the price tested the Resistance in March.
The price is currently 2800$ and it's out of the Resistance zone, moving in the direction of the trendline (2350$). Should it break this zone, bears will start gaining power.