so bitcoin's price is pumping it's timed
right after the Fed chair Jerome
Powell's speech in which he indicated
that the Federal Reserve will be
dropping interest rates um I think in
September so then the market gets
euphoric the stocks are also near
all-time highs like the S&P
500 I posted an update of what I think's
going to happen and what this means
basically I think we're going to get a
couple months of euphoria
potentially
um but the thing that I listened to his
speech and the thing that Jerome Powell
seems to like gloss over or not
acknowledge or fail to see is that he he
keeps claiming like unemployment is
still low and it's it's unprecedented
how low unemployment is is while you
know inflation's been dropped back down
to better ranges and he seems pleased
about this but if you look at the
unemployment chart it's it's starting to
go vertical so like he's calling it good
right before it accelerates like it's
already accelerating and so I mean I
think it's going to continue like if you
look at the Historical chart I'll share
a couple posts I just made it's pretty
clear it's like not going to go down
it's very unlikely to just suddenly
plummet um unemployment
rate so when employment unemployment
goes way up which is what it looks like
is going to happen that's when the
economy is doing its worst and that's
when the crash will happen and often
that would be the most Market
participants are the most euphoric and
the most bullish so everything's kind of
the perfect storm is sort of lining up
here as to what I would expect you get
the most bullishness the most euphoric
market conditions the market starts
pumping but unemployment keeps going up
and then it cracks and breaks so I would
give us like roughly several months from
now maybe like two to six months is my
time frame for when the crash begins and
the top is in for the market