They say bad news always travels faster than good news and I guess there is some truth in that. And even though people have been calling the final definitive top since the first day people drew a chart, chances are they're wrong. At least they have been wrong the last centuries. But be aware, buying the dip only works until it doesn't.
It reminds me of a Douglas Adams quote: "Nothing travels faster than the speed of light with the possible exception of bad news, which obeys its own special laws.".
I think a lot of people had too high expectations for how fast things would move after the Consensus event in NYC. Maybe it's still early days. Maybe we haven't seen the final top for the S&P 500. Maybe we haven't seen a final high for crypto.
What are your thought? Comment below.