“Few are asking, ‘what happens if pivot?’ – perhaps a better question is: when sustainable bottom? In other words, this is not March 2020; a recessionary bear market takes longer to bottom; among other things, the economy needs to actually bottom for the market to bottom,” Callum Thomas, head of research and founder at Topdown Charts, wrote in the latest edition of Weekly S&P500 ChartStorm, commenting on data shared by Gerli.
Related posts
-
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has ‘No Effect’ on Policy
CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the... -
Bitcoin Price Advances Again: Can Bulls Push It Even Higher?
Bitcoin price is gaining pace above $75,000. BTC is rising and might aim for a move... -
JPMorgan Stays Bullish: ‘We Are Positive on Bitcoin Into 2025’
JPMorgan forecasts a bullish outlook for bitcoin through 2025, citing Trump’s economic policies and intensified “debasement...