In this video, I analyze the XRP chart, Bitcoin chart and the Ethereum chart to show the structures of a bubble, and how the United States stock market is following this same structure. If the U.S. stock market, or the Dow Jones Industrial Average, is to make a recovery, it would bounce from the region it is approaching, which is between 15,000-18,000. This is the same level we have seen markets bounce from before, to go on to create even larger bubbles in their bull markets. However, if this level does break, we can expect and even bigger bear market, likely to the size of the Great Depression for US markets.
If crypto performance is tied to stock market performance, well, this will be pretty interesting, as the US stock market could be setting the stage for a euphoric bubble coming soon.
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DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions.