🟢⚠️ATTENTION⚠️
AMERICANS ARE MORE LEVERAGED THAN AT THE HEIGHT OF THE DOT-COM BUBBLE.
🩸 When leverage exceeds 2000, the question isn't if something can go wrong. It's how fast the fallout happens when it does.
What does the chart show?
🔻Net margin debt is the difference between what investors owe their brokers for loans to buy stocks and the cash they have available in their accounts.
🔻It's the real leverage, after accounting for liquidity.
🔻When that number is positive and high, it means investors owe way more than they have in cash. They're fully exposed.
▶️Bitcoin has broken its most important support, and we can expect the coming weeks to be red.
Every pullback is an opportunity to look for shorts; the support zone starts around ~$69k but could easily drop to around ~$60k.
#BTC #DeudaUSA #bajista #DeudaEEUU #EEUU $BTC