Let’s be fair, nothing is random and if you think this NVDA shenanigan was real, you’re a bum. Everything was already meant to be this way, but they needed a narrative to justify the selling. It’s the same every time an asset breaks structure they need a narrative to justify it. As we know, crypto will always predict the future of any asset above it on the risk curve, because crypto dumps first, starting with altcoins, then Bitcoin, and eventually the domino effect moves forward into the stock market, the metals market, the bond market, and so on, until everything gets a reset and a new cycle begins. Now looking at NVDA, it’s following a similar fractal to Bitcoin. But since NVDA was a blue chip that led the cycle until now, it continued performing, while Bitcoin was predicting the future of the asset through a divergence, NVDA printed higher highs and higher lows while Bitcoin printed lower lows and lower highs. Right now, NVDA has broken structure just like Bitcoin did last year, while Bitcoin is now holding up better. That means the shift has begun once again. NVDA will print lower lows and lower highs, while Bitcoin will print higher lows and higher highs as we enter a late cycle environment and investors rotate their money until the cycle ends later on. The best entry I see for NVDA is under 100 which is a 60% correction.
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