GSL20

Can the Ichimoku predict a future recession?

BITSTAMP:BTCUSD   Bitcoin
This is a 2 week chart of BTC using the Ichimoku Cloud and past pattern with hindsight of economic conditions (Covid 19). As many economists and market specialists have been saying we are in for a massive downturn. With the FED kicking the can down the road and inflating the economy more with Bank Bailouts, will we see a deflationary regime to the global earnings as corporate companies pay higher interest rates and consumers wait for prices to drop?

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