SPX and BTC

medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7

In this article looking on the charts you will find out that BTC IS CORRELATED TO SPX in Sentimental way.

Bullish thesis for SPX

1. FED 6 trilliion bailouts to banks. They are eager to get money back
2. (From sentiment trader) Smart money confidence - 83% - Dumb money confidence - 9%
3. ALL news spreading news on unemployment statistics.
4. 80-90% of those deaths from corona will be 70-100 year olds who have VERY little effect on the global economy
5. Emerging markets - all time high panic.
6. Politics will push market at any cost because of ellections. They have FED, they can do this
7. If FED prints 30% of total supply --- hypperinflation soon ---- infinite bullmarket like in venezuela
8. You all guys are panicking non stop ---- "Anything that can go wrong will go wrong"


how long do governments completely shut down the global economy? - If we defeat corona soon like this summer --- market will go up
if not -- we will witness multiyear bear market and then hyper inflation


But there will definitely be this retrenchment