James Wynn: "In the next 48 hours, we are facing a black swan"
According to trader James Wynn, we are on the verge of a COVID-level event — and it is connected to the sharp escalation of the war in the Middle East.
"Expect panic. Financial markets will be hit by a wave of fear, and only smart money will buy assets. They understand that in such situations, it is always the same — liquidity is printed," Wynn wrote.
What he means:
The escalation between Iran and Israel — a potential reason for official U.S. intervention. This could crash the markets within a day.
Retail investors will panic and sell assets. Institutions — will buy cheap.
In the event of a large-scale crisis, regulators will initiate liquidity injections, lower interest rates, and thus — money will flow back into risk assets. This is an opportunity, not an end.
Wynn is hedging positions, has sold most altcoins, and is ready to go all in on a crash. He urges preparation for volatility and not to panic.
❗️BTC is holding for now, but if the U.S. enters the conflict — markets could crash.