Holy bitcoin, altcoins are zooming! Some say this is the sign the top is in. I don’t. That doesn’t mean we can’t have a long, powerful, healthy crash that prolongs this bull market—or even a 20-30% dip along the way to a massive blow-off top. If that happens, it will terrify you. Fortunately, we have plenty of data to tell us when that drop marks normal volatility or a major shift in the momentum of the market. You can have parabolic moves and massive crashes without getting to a market cycle peak (or bottom).
Sunday Rundown - February 14, 2021
Sunday Rundown - February 14, 2021
Sunday Rundown - February 14, 2021
Holy bitcoin, altcoins are zooming! Some say this is the sign the top is in. I don’t. That doesn’t mean we can’t have a long, powerful, healthy crash that prolongs this bull market—or even a 20-30% dip along the way to a massive blow-off top. If that happens, it will terrify you. Fortunately, we have plenty of data to tell us when that drop marks normal volatility or a major shift in the momentum of the market. You can have parabolic moves and massive crashes without getting to a market cycle peak (or bottom).