1d ago
I wonder if the topping of equities is what causes crypto to go berserk as money finds its way into the only un-pumped asset class left OR if trad markets hold up until crypto goes parabolic and then everything collapses together.
Either way, crypto goes parabolic one way or another imo so will be interesting to see how this plays out...
1d ago
I think gold is going parabolic because equities are in the final innings of the larger bull market that we've been in since 2008, and potentially in the final innings of an even larger cycle that kicked off right after the Great Depression. Once this game ends, we'll see the largest crash in equities that we have seen in 16+ years.
The $SPX is in the middle of a parabolic advance, so it can certainly climb higher before the ultimate collapse, but the countdown has begun imo.
155.5K
978
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.