So, I warned in my quarterly Macro - that I see Russia collapse coming. And I mean, the entire country. This means: even the Russians don't want to serve anymore after the rout.
https://twitter.com/SamRamani2/status/1569384417142906880
That's not all. Remember how #Russia was using Crypto to avoid sanctions and sell oil? About that.
https://twitter.com/finanzru/status/1569351876876926978
Translated: India refused to buy Russian oil for rubles. (/end). This is not a sign of confidence in Russia. Not only that, but I expect Oil to have a huge, huge correction soon. tradingview.com/x/07OSYPTt/
In sadness, a 50% drop here (possible) would be a boom for the US and death of Russia, and yet...would be a confirmation that price will go up again afterwards. So...maybe a couple years down, and then back into crazy prices.
Bitcoin has been squeezing upwards, and either longs walked away or retail is short waiting to get liquidated. Given circumstances, we will know tomorrow after #CPI reporting comes out. 23K is indeed where to watch again. tradingview.com/x/nB36h4J1/
So I would not be looking for positions of any kind until post-CPI unless you find taking losses fun.
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