In this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak.
I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these considerations.
Viewing the markets from this angle, one begins to recognize parallels with the tech stocks of the 90s, many of which peaked and experienced a decline of at least 90%, with some becoming worthless.
I see a similar scenario unfolding with cryptocurrencies, where survival will be selective, and many may not endure.
I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these considerations.
Viewing the markets from this angle, one begins to recognize parallels with the tech stocks of the 90s, many of which peaked and experienced a decline of at least 90%, with some becoming worthless.
I see a similar scenario unfolding with cryptocurrencies, where survival will be selective, and many may not endure.
