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Crypto market ok-stock market not ok is what I got from this.
tek1975
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This is really thorough and excellent information. I appreciate your perspective. Thanks.
vexxy
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Excellent analysis as always mate ;) As for crypto, while I agree that while from distribution to an accumulation we rarely (if ever) see a "complacency" leg up, the number of emotions in the crypto market right now makes me think if this is really the final major leg up, even if the fundamentals are still in place.
PRO_Indicators
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@vexxy, Creating a bubble remains an option. But the thing is that imho the raise in demand is really there this time. I can't count how many ppl I hear talking about their crypto investments. As they do more ppl catch interest. But the more important thing on top of that is that we now have real world usecases.. not just some fancy ideas like we had back then in 2018 where not even 1% of the general population knew about these things. Pbly not even more than 10% of these being aware of the tech itself !
PRO_Indicators
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@PRO_Indicators, In that prospective, Prices move due to supply & demand... Supply remain heavily limited. Demand keeps rising.. prices can def. rise fast
vexxy
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@PRO_Indicators, exactly my thought process, I guess we'll see how this plays out. Ty again for the analysis and the reply, waiting for your next one, as always ;)