Just heard this quote and it's a good one, so sharing
"More is lost with indecision than no decision"
So appropriate for many things, exspecially trading!
I have not said we are in a bull market or the bottom is in, in fact i have said potential bottom would be between Oct and Nov with a timing prediction around early Oct due to previous cycles - this chart has been posted on X multiple times - we have 2 distinct patterns for bitcoin:native
Hey @grok are we out of the bear market, or could this current rally be a typical bull trap in a bear market cycle? Compare with past cycles and give me a price level that would convince you that we're out of the bear cycle...
Credit is the most important part of the economyβand probably the least understood. It's the biggest and most volatile part.
When borrowers receive credit, they increase their spending. Because one personβs spending is another personβs income, increased spending drives the economy forward and creates a self-reinforcing pattern of economic growth.
Understanding how credit works is key to understanding economic cycles.
#RayDalio#Economy#Credit#Finance