It's time to introduce new technology. In the late 90s, it was the Internet, now it will most likely be a blockchain. I expect the peak of the stock market in 2020-2021. Bitcoin will not become a defensive asset, just like gold (remember 2000 and 2008). In a panic, everyone goes to the cache. In the meantime, we observe further growth in the stock market due to the integration of the cryptocurrency market. Bubble time!