The Wealth Effect Blog

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The Market Took A Dump

Dec 21, 2024

3 Cycle bottoms off today's move. This is no reason for concern unless we get 5 of them. If we get 5 of them It will mean 1 of 2 things. We are going to see the price reverse and head straight back up. I am not sure you're going to see this happen maybe. Second, the price is going to fall very very hard in the coming weeks kicking off a major sell-off.

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