Exponential growth is a pattern of data that shows greater increases with passing time, creating the curve of an exponential function You can walk in pink glasses and think that there will be eternal growth. But observations and experience say the opposite. After such growth and when everyone is in euphoria and a very good news background and a drop occurs. In the beginning for no reason. then social media will find a logical explanation, but most likely it will be an explanation for everyone, not the real reason. And there are many reasons for the fall, I expect this fall this year.
@cichyAK, People wil start selling their positions on stock market and start investing in cryptocurrencies.
cichyAK
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@vid555, thanks.
pooreel1
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Trade Closed, Target Reached
HoudiniX
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Great analysis
Samboly
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@EXCAVO Usualy there is a reason, something happens in a specific sector and it has a ripple effect on S&P 500. I also think it will happen this year or either next year. But I have been wondering and speculating how would cryptocurrency react to this, because there are so many small investors with weak hands in this market.
How do you think the crypto space will respond on this fall ?
(this is just what I think, a random guy on the internet.)
BitcoinOverdose
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@Samboly, i think crypto would flourish if something were to fall this hard in stocks. metals would spike and many other "Storage of value" things... its not a random occurrence that bitcoin was rising during all this uncertainty in the world. we just have to hope it upgrades fast enough to accept as payment when the economy goes bad. please LN hurry up!
Samboly
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@bradymalone8, Thank you for sharing your insights !
jamikr
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i have been studying this as well. I also 'feel' it is this year . i was thinking prob after july/aug earnings. RSI is at 86 etc . But if you look some other things, they say we still may have a bit more time. maybe 2 years. based on what happened before other crashes. we should def be paying attention this is NO JOKE ... when brexit happened btc up 20% ...so ....
BitcoinOverdose
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@jamikr, lets not bail out the banks this time... lets use crypto instead