Bitcoin: Buy the Higher Highs. We look to Buy at 45354 (stop at 44489)
Intraday - We look to Buy at 45354 (stop at 44489)
Daily signals are bullish. Trend line support is located at 45300. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips.
Our profit targets will be 47648 and 48548
Resistance: 47200 / 47800 / 48200
Support: 46500 / 45800 / 45000
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Outrageous Predictions 2023: The War Economy
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Gold rockets to USD 3,000 as central banks fail on inflation mandateAs markets and central banks realise that the idea that inflation is transitory is wrong, and that prices will remain higher for longer, gold is sent through the roof, hitting a price tag of USD 3,000
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UK holds UnBrexit referendumFollowing a recession and domestic pressure, the United Kingdom is thrown into political turmoil that will end with a vote to wind back Brexit.
Widespread price controls are introduced to cap official inflationHistory tells us that with the war economy comes rationing and price controls. And this time is no different, as policymakers introduce strict price controls that lead to a range of unintended consequences.
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Tax haven ban kills private equityWith the war economy comes an increased focus on national interests and sovereign nations' ability to assert themselves. In that regard, the OECD countries turn their attention on tax havens and pull the big guns out, banning them altogether.