
ChiefMacro
@t_ChiefMacro
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ChiefMacro

I have added to TSLA short. I have also linked my previous Tesla short chart from 2022. Nothing has changed with Tesla. The company is severely over-valued. I will continue to provide updates.

ChiefMacro

Behold, devastation just up ahead. $2500 is probable in the S&P. Retirements are about to be wiped out. As a friendly reminder, the "401K is free money" narrative is going to evaporate. The media will soon be out in full force talking about: "stay the course" "remember your goals" "stay invested" "LFG" "buy the dip" So foolish. If you are trapped in a retirement fund (401K), the best thing you can do right now is get defensive. Sell ALL "growth stocks" and shift all of your wealth into cash and / or bonds. Be careful out there, everyone! Something major is happening on a global scale!

ChiefMacro

Bitcoin is collapsing, it will go deep. As of right now, I am looking for AT LEAST a -75% selloff, with the expectation that we will soon test the 2018 price level. This thing might be wiped out entirely. I really don't have much else to say. Good luck everyone.

ChiefMacro

Boys and girls, we are witnessing a level of fraud that makes Gamestop look like a good idea. Nothing has changed, I first published the bitcoin short on October 15th, 2021... The outlook for "crypto currency" remains highly unfavorable. Something to acknowledge: Since it's birth, following the great financial crisis in 2009, crypto has survived a lot of wild and wonky market scenarios. However, what crypto has NOT proven, is the ability to survive a real life actual bear market recession. That said, during covid, we did get a glimpse of how crypto behaves when unemployment spikes higher. Nowadays we have stadiums with "crypto"-whatever dedicated to the venue. Although this may seem like a promising / optimistic observation, my view is that it is simply a failure of regulatory authority. LOL think about that.. fake money that is: unproven through a non-bailout / non-stimmy recession, is the naming convention for stadiums.... no matter how many fake headlines they pump, no matter how many teslas they recall, fraud is fraud.

ChiefMacro

All four of these charts represent not only their own value, relative to the dollar - but also the general health of their local economies. So what are we looking at? Upon closer examination, we can see identical bearish price action in all four charts. As such, we can assume that bearish price action (weak demand) among these asset classes, is implicit of some kind of adverse underlying economic "condition".This new "financial crisis" is no coincidence.Be careful out there. Stay low and move fast.God Bless!

ChiefMacro

Imagine a world where bitcoin is back in the low three-thousands, because it is looking more probable every day.Nowhere to hide.

ChiefMacro

We first called the crypto short on October 15th, 2021. Today, we are adding to the short position. Sadly, many have been deceived by the crypto hysteria. NOT US! Acts 19:19

ChiefMacro

Bitcoin looking worse than ever, as we approach 11 months since having first identified the short (October 15th, 2021). Fed: "We will raise interest rates."Lol. We know how this ends. be careful out there! Things are a'rumbling and it's not looking good for risk-assets!

ChiefMacro

It's honestly v disrespectful to show charts this close. Disrespectful to the chart, disrespectful to the thing being analyzed / shown (i.e. stock, currency, whatever)... And if not for our accurate coverage of crypto for the last ten months, it would be disrespectful to the audience. This ☝️ however, is a rare, up-close view of a "white dwarf". Enjoy. God Bless.

ChiefMacro

More on this later...For now, if you consider the very real possibility that a recession can quickly become catastrophic with: a war in Europe, seemingly enhanced instability in Asia, Record Inflation, and among other things - the current unwinding of a crypto currency bubble.I'm not totally certain on this, but never in history has there ever been something with such little use, valued so highly (relatively speaking). Okay, tulips, calm down.Even the diehard crypto philosophers (aka #cryptosophers) will concede ideas like: "Meeehh... It's very volatile at times"... granted they only say stuff like that on positive price action; otherwise it's some defensive narrative about what is actually just overcooked libertarianism. The point I want to make is: things remain very volatile post-covid. Interest rates are one off-hand example. Commodities pulling back. Things can get weird real quick. And not only does crypto still looks dangerous, you have to really ask yourself: can this useless digital ledger token do anything? Like can it be spent anywhere other than an arcade?Lol - I bet "subprime" just drives them cray.Take care!
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