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LOL it's not a bubble...

November 8, 2024

The market has spoken.

It's only a bubble if it's going up and they don't own enough of it, or any at all.

They only call things bubbles when they have a hard time understanding why prices are doing what they're doing.

As someone who studies human behavior every single day, I can tell you with a high degree of confidence that 99.9% of people who call things bubbles haven't actually done any of the work required to determine whether something is in a bubble or not.

And that's the key thing here.

There is a huge arbitrage between the people who put in the work, and actually take the time to analyze markets using real data, and those who are too busy doing other things to truly have an honest opinion about whether a particular period of time is, in fact, a bubble.

Bubbles, as those of us with common sense know, are incredibly rare, by definition.

So when someone calls something a bubble, they are almost certainly wrong about that, or in most cases, just making it up because they don't know how else to describe certain market behaviors that they can't wrap their heads around.

Bitcoin, for example, just broke out to new all-time highs this week. It comes after 3 years of no progress.

Not only is this market NOT a bubble, the weight of the evidence is pointing to this being just the beginning of a new trend.

Here's a short but very important Video we recorded today about the Current State of the Crypto Markets.

Check out this chart of the current bull market when put within the context of prior cycles.

This time around, Crypto as an asset has both the institutional adoption AND the massive deregulation as a tailwind.

These key elements have never been in place before in the history of Crypto markets:

bitcoin cycles

We quantify the sentiment and discussed it all in today's video.

So we know that sentiment is NOT frothy, which by the laws of nature, means it cannot be a bubble.

Breadth is expanding. It is not narrowing, like you would see near the end of a bubble.

The right players are involved. The most powerful entities on the planet are behind it.

And whether you like Elon Musk or not, he's the richest guy in the world and he's got the ear of the President of the United States.

You don't have to like either one of them.

But these are just facts.

And so there's a lot of money to be made this cycle, and we plan on continuing to take full advantage of it.

I highly encourage you to check out the replay of today's LIVE State of the Crypto Markets Event. 

crypto webinar thumbnail

Imagine waiting for this index to make new highs before deciding to participate in this bull market?

The charts look amazing right now. Up and down the cap scale, across crypto sectors, you name it. Money is being made.

We know how to find the outperformers within crypto, and we know how to follow the smart money. We have the data!

Louis Sykes and I talked about all this during today's live event. Click here to see what we're talking about.

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