Recently, I have heard many young people say that the recession is over, the black swan will not appear,...
In general, I do not argue with what you said, but I would like to add a few issues as follows:
1. The US economy is on the path of a strong recession, which is true. Compared to 2020, the US economy has to divide 50-60 times. This is the real business situation between us and the US.
2. Employment data, and many other data that the US provides to the market, can be completely fake data. They will navigate the market according to their will. For example, when the DXY chart is too weak, the US always has a way to pull it up (in the past)
If you don't believe me, open the chart and you will see.
The DXY chart is having a big change, a full-force scissors?
3. Honestly, if the bookies haven't finished collecting goods by 2023, it will be like 2008.
At that time, banks went bankrupt like clockwork, stocks were like shitcoins. So why didn't they decline????
4. The gold chart is very scary. It needs a dump to go up faster.
5. BTC still needs a black swan event to go up faster. When it happens, only God knows.
BTC, Gold need a strong dump to pull the DXY chart up to retest the previous peak of 114 (it's always been like that in the past)
I'm just talking for fun, who knows ;))
=>>> BTC 68k, then 72k, =>>> black swan appears $BTC 43k (still predict like this if BTC continues to pull next week)
Normally, things only change after the US election. Prediction of late November 2024 will have changes.