Daily Charts - Bitcoin just catching up?
1.Bitcoin just catching up?
triggering charts aside (yes post your comments),
it is indicative of the wider speculative mood (bullishness, euphoria, optimism) $Invesco QQQ(QQQ)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$
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2.Fun fact: 44% of all companies ever in the Russell 3000 experienced a catastrophic loss at some point during the past 40yrs.
(which is defined by JPM as 70% decline in stock price from peak levels which is not recovered)
Mind your risk.
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3.Valuation extreme driven peaks and troughs are relatively rare (e.g. in this study 8 peaks, 12 troughs from 1910-2024)
But they can have a massive positive or negative impact on your wealth depending how you navigate through
Data-driven investigation on this issue: $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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