Category: blowoff
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Economist Predicts Bitcoin ‘Blow-Off Top’ At $123,000 Post-Trump Win
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This article is also available in Spanish. The US presidential election has been scheduled for 2024. Donald Trump will get a second term, defeating Kamala Harris. At midnight on election night, Bitcoin’s price rose to a new all-time high of $75,407 on Binance. This euphoria is driven by Trump’s big…
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One last blow-off rally in cyclicals is plausible By Investing.com
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BCA Research believes there is potential for a “recent surge in cyclical stocks,” with the US manufacturing cycle following a surprisingly stable pattern for more than seven decades. “History suggests that this cycle tends to last for approximately 36 months, with the lower leg extending for 18 months, followed by…