[UPDATE EGLD] Nothing changed. What if?

As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to another market crash in mid-2023 (stage 3). This will cause inflation to skyrocket again, leading to a depression phase (stage 4). If I were to visualize these phases in a chart and use EGLD as a reference, it would look like this.

THIS IS A STAGE 2 SCENARIO.

Reclaim 38 and we can talk about "deviation" for now

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EGLD ETH is interesting

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worst case: 30 --> 80 --> 20

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longer timeframe scenario (similar to Nasdaq 2001-2008)

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mm egld is weak. I wouldn't be surprised to see something like this.