It is important to understand that this is a log chart. However, my retracements are a normalized linear interpretation of the logarithmic relative price movements.
50% normalized retracements of the log prices are roughly 9,000 in the mid-term and 1,000 in the longer-term
Please click on the chart to see the detailled view
Roaring Tariffs: The Global Impact of the 2025 US Trade War
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A model of the economic effects of various tariffs war scenarios shows even
the likley "least bad" outcome is stilll pretty bad.
56 minutes ago