Trading Crypto Inflection Points | Hal Press
Empire
COVID - The Largest Inventory Correction in History?
So COVID is now basically over. I go around, I don't even see anyone wearing a mask. Everyone in factories is back to 100%. And that creates like a very dislocated price. Like that reaches that takes prices to a very unnatural level because of that supply-demand dynamic. But then what's happened since? So you now have massive oversupply. Rates are the highest they've been in a decade. They're draining money from the system. Everybody just spent all their savings on buying all this new shit they don't actually need and now have no more appetite to buy anything. This has happened at the same time that prices have been dislocated to a level that's
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