Never is history there was general consent that we are in a recession.
Last year 2022 Q4 were stock market and crypto bottom...everyone thought that recession was coming, everyone thought it will go much lower, everyone saw the crypto industry fallout, everyone saw FTX - the too big to fail exchange to drop, everyone expected more pain incoming...
The result: 2023 Q1 was bullish! The quite opposite happend, nobody expected that.
Now everyone sees:
X numbers of institutional asset managing firms are going into crypto ETFs
halving event going to happen next year
So everyone expects: bullrun
The result for 2024: sorry to disappoint, I've got no crystal ball, but things will happen that most people are NOT expecting.
Things cannot happen if everyone already expects them...do you buy crypto at $100k? Nope, because you expect not to be exit liquidity to others, so you only want to buy cheap and sell when it reaches $100k, but it won't hit $100k if everyone waits for it to hit $100k.
2024 will be so unexpected...expect this to happen!
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