Market Watch For May 24-28, 2021 – The End Of The Crypto Bull Run? 🐂🐻

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This past week the crypto markets carried the headlines as crypto prices plunged signaling the potential end of the crypto bull run.

In last week’s Market Watch I noted that “Bitcoin and Ethereum were at a critical level for the bulls to defend otherwise risk a sharper pullback”.

Did I think we’d see a 50% pullback?

TBH no, but I did understand the possibility of such an event.

If you haven’t yet I would recommend watching my video where I examine the price action of history’s major market reversals and the one thing they all share in common:
Trading Reversals – An Examination Of Major Market Reversals and Market Crashes – https://youtu.be/a_Pi5_C1ChU

I think we may have a volatile week ahead of us as the inflationary vs. deflationary narrative continues to play out in real-time.

Here are some of the ideas in this week’s video:

  • A breakdown of the crypto market sell-off
  • My thought process and how I profited from the sell-off
  • Where do Bitcoin and Ethereum go from here?
  • What I’m watching for to signal if the crypto bull run is over
  • The correlation between gold and bond prices and why that isn’t positive
  • Why I’m expecting volatility this week in equities

 

Market Watch For May 24-28, 2021 – The End Of The Crypto Bull Run? 🐂🐻

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