Bullish Bearish Scenarios

1 Mei

I’m picking up all kinds of noise… something about the government railroading a CBDC (central bank digital currency) down everyone’s throats by engineering a crash so massive it creates an incentive to push people to adopt a CBDC, handing them out for free. It’s a wild idea and might just be some crazy theory cooked up by someone out of touch. Regardless, I don’t want to risk it all, so I’ve done my homework to stay ahead. Right now, the markets are teetering on critical support, but just below that is the bull market support band and the 111-day moving average on the weekly chart. We bounced off these beautifully in the last correction, so I’m bracing for a significant bounce-back. If that doesn’t happen, I’m gearing up for a bearish slide. I’ve synced up fractals from two different cycles, crossing my fingers we dodge a downturn because I wasn’t set up for that. I’ve been a bull at heart till today, but now I’m sitting on the fence. My portfolio’s taken a 40% hit since I was banking on an alt season, and I’m starting to sweat over the market’s current vibe. Hoping for 100k by May lesgo bulls!