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I came this close to actually breaking down and buying into the quantum computing sector yesterday. If that’s not the sign of a top, I’m not sure what is. Here are some of the more heavily-traded issues in this $0 revenue, nothing-but-losses, totally-unproven-technology sector:
Below is a state-by-state illustration of the percentage of births to unmarried women (there is an old-fashioned way to say that more succinctly). I’m afraid my home state of Louisiana is leading the charge on this one.
I am honestly not trying to be mysterious, but I sincerely wish I could relate to you what’s going on behind the scenes right now. It’s like a made-for-television movie. One day, maybe. Believe me, it’s insane. Beyond insane.
Anyhoo……..
It’s interesting how quickly the /BTC rally reversed on the heels of the unhinged news I mentioned last night. Perhaps the swiftly crumbling popularity of your hero is causing doubts about his efficacy on this topic, or perhaps the passage of the so-called Genius Act (is it a stable genius act?) is doing the trick.
Back in my post on 11th April I called the likely start of a strong rally which we then saw of course.
Back in my post on 12th May I called for new all time highs on Bitcoin (BTCUSD) and laid out possible IHS scenarios on both Solana (SOLUSD) and Ethereum (ETHUSD), looking for ideal right shoulder lows on Solana in the 125.43 area and on Ethereum in the 2074.27 area. That hasn’t gone quite as I drew then but essentially both are still running that scenario.
In my last post on 23rd Jun I called the likely lows on those right shoulders made on Solana at 126.09 and on Ethereum at 2113.65, and was looking for that IHS scenario on both to start to play out.
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