Elon adds dog face on twitter, hence bull season begins. Yeah maybe. It sure is a great way for him to print free money. And the few insider friends of him.
In the meantime, inflation keeps inflating. Average Joe still struggles more and more with daily expenses. Dollar getting attacked. Oil goes up. Banks close one after the other. Ukraine war continues. And I hear a cool new variant is brewing as we speak in India too.
Even fucking McDonalds had a meeting or something, to discuss their future. According to rumors, they will soon announce thousands of layoffs. Fucking McDonald's, the backbone of American economy! Well, short of. 馃槀
Here's a cool graph I stumbled on Facebook today. I didn't save the page, but the actual source is in the photo:
Yeah, I am not a genius but this doesn't look good to me. These are tech layoffs. Just look at all those sexy red dildos starting from November last year. And the trend doesn't look good either.
And almost half of the layoffs since January 2022 occurred in just the first three months of 2023.
Does this look bullish for the tech sector? For BTC?
The rise of AI probably won't help much either. I mean for the tech layoffs. Not to mention other, darker scenarios. Not necessarily AI going rogue. Even just the wrong people using it the right way is enough. So yeah, let's give chatgbt internet access. Genius!
Or maybe AI will save us all. Or doge. Dunno. I still believe any pump we see these days is just whales doing whale stuff, trying to keep the ponzi till it busts hard.
You can play with numbers only so much.
What you think? Are we gonna make it? Is Elon our Lord and Savior? Or should I go buy some gold lubricant?
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