A nice day in crypto today, with Bitcoin hovering above $90,000 while gold briefly pauses its upward path after touching $3,500 an ounce.
It's clear that investors are looking for places to "park" their money while the Trump madness continues to unfold.
I have to admit that today is also a strange day, as the SP500 is also experiencing a slight reprieve from its fall; in other words, almost everything is rising, although Bitcoin is doing better than anyone else.
I still can't figure out how to ensure we're out of the bears' reach; this could very well be a Bull Trap (or Bull Trump) worthy of the best trading manuals (LoL)...
If this is the end of the correction in both Bitcoin and stocks, I'm going to feel a bit disappointed because I haven't bought as much as I wanted... Gosh!
I have at least a dozen limit buy orders at the broker to buy my favorite dividend stocks...
To be honest, I don't think this is over; we're still going to see more manipulation and possibly a black swan in the short term.
All that's needed for that is for the old orange man to open his big mouth and spout some extreme nonsense that will further sink the dollar and leave his own citizens holding the bag...
We'll see what happens. In the meantime, let's enjoy the day...