✴️🌕#BTC #gold #etf #crypto #analogy
another analogy:
Gold ETF (2004) vs. Bitcoin ETF (present days)
gold has surged more than 6X since the launch of its initial ETF, while Bitcoin is projected to reach $500,000 by the end of 2025.
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earlier: based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin
another analogy:
Gold ETF (2004) vs. Bitcoin ETF (present days)
gold has surged more than 6X since the launch of its initial ETF, while Bitcoin is projected to reach $500,000 by the end of 2025.
—————————-
earlier: based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin
⚠️🇺🇸#stocks #us #analogy #warning
a favorite pastime in the market is searching for historical analogies.
another analogy: S&P 500 (2020s) vs. S&P 500 (1960s).
the current dynamics of the S&P 500 index surprisingly mirror its movement in the early 1960s.
In 1969, with the onset of stagflation, the S&P 500 began a prolonged and volatile decline. It took the index 20 years to recover.
a favorite pastime in the market is searching for historical analogies.
another analogy: S&P 500 (2020s) vs. S&P 500 (1960s).
the current dynamics of the S&P 500 index surprisingly mirror its movement in the early 1960s.
In 1969, with the onset of stagflation, the S&P 500 began a prolonged and volatile decline. It took the index 20 years to recover.
Forwarded from Scorpi18 | Investment Adviser
🇺🇸#stocks #monetarypolicy #us #analogy
the current market closely resembles 2007's dynamics: two corrections in six months, the second bigger than the first, followed by a rapid recovery to previous highs and the first Fed rate cut in September.
BofA views the first Fed rate cut as a negative event. Historically, the market tends to hit its bottom on average 12 months after the first rate cut #history
ElliotWave: historically, U.S. stocks have experienced significant declines when the Federal Reserve shifts from a rate-hike cycle to a rate-cut cycle (chart).
Scorpi18|Investment Adviser
the current market closely resembles 2007's dynamics: two corrections in six months, the second bigger than the first, followed by a rapid recovery to previous highs and the first Fed rate cut in September.
BofA views the first Fed rate cut as a negative event. Historically, the market tends to hit its bottom on average 12 months after the first rate cut #history
ElliotWave: historically, U.S. stocks have experienced significant declines when the Federal Reserve shifts from a rate-hike cycle to a rate-cut cycle (chart).
Scorpi18|Investment Adviser