It's late Saturday evening across the Eastern hemisphere now, early morning in america. This image explains it. The International date line lies some thousands of km East of Australia, the Red line on the map. I know many will not have a clue what the land masses represent but the big long one on the right is the americas and to the left of the line is Australia, at the bottom, and Asia at the top.

What that implies is that it is now only early Saturday morning in the americas, people are only just waking up and checking their phones for the btc price. Meanwhile a whole day of weekend trading has transpired in the East. Beginning early this morning the btc price began to collapse and collapse fast, eastern peoples were sellers. This is interesting because Asian people are Smart! You go to an American city and you wont find them living in the homeless camps, no they are the ones who own all the businesses and are doing well. Homeless camps are full of degenerate White people and poor blacks, but mostly Whites.
It's interesting too that for 20+ years Gold has been flowing from West to East. Silver too I'd imagine? The Asians and the Eastern Europeans are well ahead of the curve as far as wealth preservation goes. The West, the US and Western Europe are mired in debt and hold only paper/digitals like stocks and btc. Most btc is held in the US. Pockets full of digital promises, digital nothings. It's no stretch either to see where this self-impoverishing behavior came from, government enforced Private pensions. In the East those don't exist, people just naturally look around for value, buy land, buy Gold, buy anything tangible that they believe will hold it's value as they age. many average Asians do engage in the stock market but to them that's clearly a gamble, not their retirement savings.
The Western peoples have been literally Herded into paper assets, assets any stock analyst will tell you are vastly overvalued by traditional metrics like price to earnings ratios. But since their income depends on them peddling these stocks they keep quiet and talk about "Growth" companies. Take Tesla for example, it's valuation has and still is tied to it growing bigger and bigger. It's a (don't worry, the money will be there in the future) kind of thinking. But any growth it experienced on the way up the battcar Bubble was negated by the massive cash burning, now it's a dead shell. Robots! That's what the Growth angle depends on now. Robots that for all practical purposes don't exist! Tesla is not selling Robots, and even if it was, the Chinese are so far ahead of what Tesla is parading around stage they could come in and wipe them off the table. Just like they did with their cheaper rechargeable battery cars.
But that one company is just the tip of the phony stock iceberg, crypto, the millennials darling, is likewise just an empty promise. Only a lazy brain-dead generation could have been sucked in by that ponzi scheme. And so they were, dragging a few million greedy old debt laden Boomers along with them. So it's daytime in America now, they will be waking up, having their first bowl of $1 noodles and logging on to "buy the dip" The baghodler of last resort, the tapped out US consumer. Remember the Great Recession, the GFC. It wiped 50% off the paper markets overnight and wrecked many companies. That's your risk, ignore at your peril.
peakOil is you

We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.