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Big or Small Bounce
better next week?
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Stock Bouncing Back And BTC About To Hit 100k
Haptic week as stocks fall and crypto is going up. It’s a weird time, because Bitcoin is about to hit 100k.
Ethereum is sadly not going to go up, they just couldn’t beat the hype with the politics going on.
Meanwhile Doge and TSLA are going to the moon again, and surely Elon is smiling ear to ear.
Also there are stocks that are dropping even with all the good news involved.
Stocks Are Just Chilling
not much is going on, except for a slight overall drop. besides that everything remain relatively still. Most the the attention is towards crypto now, and it’s very possible that stocks are dropping because people are shifting their liquid onto crypto to ride that meme rocket.
It’s expected since early pandemic, Doge went up to 70 cents, and it’s is very possible that people are going to ride this bull run, and are gassing their investing into Doge.
At this point, it’s too high for me to buy, I didn’t predict this was going to get that big at 30 cents. I thought people that lost money during the Doge crash would be scorned and never come back.
I have confidence that people won’t let it go up to 70 cents again, since now they know it’s better to sell short, instead of holding it, until it reach 1 dollar.
Strange Ethereum
Despite Ethereum being a improved product of Bitcoin, it barely went up. Coins like Pepe, and Shiba are outpacing Ethereum by a long shot.
I thought Ethereum is suppose to be a better crypto, but I guess popularity beats credentials, it’s just no match for Bitcoin, and sadly the rest of the other coin. Even Ethereum Classic is doing better than Ethereum, crazy world.
Bitcoin 100k?
yes, it’s happening, it’s going to happen, no denying that. I’m 95% sure it’s hitting 100k, although I already sold it, it is going to get there. It will also get bloody when it falls, so I don’t plan on falling together with everyone, so I don’t plan on tapping this further.
There is really not much reason worth investing into BTC at this price, I honestly think you have to be crazy, or have a lot of money, and want to see BTC hit 100k to invest in it at this point.
TSLA 400 Though?
Very possible, not as likely as BTC hitting 100k, but TSLA still has a high probability of hitting. Now that Elon is the right hand man of Trump, he’s hyping it to the moon.
Also, if you look back, TSLA has hit over $400 before, it’s not that bad an idea to buy in thinking it will go up. It is a gamble though, and don’t put money you’re afraid of losing.
Unexpected Drop
Target gored a bunch of folks with it’s unexpected drop. It fell by 25%, which is crazy, I believe someone that owned a bunch decides to short it. it makes little to no sense how much it fell.
it’s a supposedly stable stock and it dropped 25% on a dime. This goes to show that there is no such thing as stable in stocks.
There was no bad press about Target, it just happened without warning and no one knows exactly why, and the only reason it can fall that hard is a board member sold their share for some reason.
Not bad, that means I can buy Target at a lower price.
Amd and Qcom
The chip makers are stable as usual, although they’re slightly falling. Amd doesn’t look that bad, it will go back up, but Qualcomm has hit the lowest of the year.
It’s a good time to buy for AMD since it does have a relatively stable bounce. Can’t say the same for Qualcomm since it hit the lowest of the year, and that’s usually a red flag.
However even if it does fall it won’t fall hard, since it is AMD, making superior chips to Intel. Qualcomm also owns patents to 4g and 5g network, and they make phone processors, they’re not hurt by any means.
Nvidia is at a high, and when Nvidia drops, usually AMD goes up, and Nvidia is currently the highest in market cap it has ever been, it’s a bubble.
What I’m Looking at?
I’m currently eyeballing Ford and DJT, I see a opportunity that’s about to happen. They’re about to do their same old bounce, it’s just a matter of time where I can take advantage of the situation.
Waiting with your liquid is not a bad idea, people tend to think they have to buy back into something when they flip a profit, when in reality you’re suppose to wait for a chance.
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