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Dissecting the Recent Price Action, and Why Right Now is Probably Not the Time to Go Risk-Off

Jul 9, 2024
Author
Sean Farrell
Sean Farrell AC

In today’s video, we discuss last week’s price action, examining the role that market liquidity and psychology played in the drawdown. We also discuss the remaining supply overhang risk and highlight the key events to watch for the rest of the week.

Dissecting the Recent Price Action, and Why Right Now is Probably Not the Time to Go Risk-Off

Note: Today’s video is a bit longer than usual as we spend some time discussing the details of the German, US, and Mt. Gox supply.

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