It's pretty crazy yesterday we apparently hit the "bull market" in stocks while today feels like a repeat of the "bear market" for crypto.
It's pretty crazy yesterday we apparently hit the "bull market" in stocks while today feels like a repeat of the "bear market" for crypto.
There have conflicting signals on what will happen to the stock markets. Are we in the bull market? I think it still remains to be seen, but certainly there is a momentum right now towards an upward trajectory.
#gmfrens #ladiesofhive #hive
Interesting take.
I am not sure they are going to go counter to each other so the theory might be flawed.
To me it is still risk on/risk off.
I'm still trying to figure out how we are officially in a stock bull run. It doesn't feel like it.
Maybe in tech since they jumped so far off the lows. Of course, after such a massive run, we could see pullbacks.
I thought both stock and crypto correlate with each other.