Quote:
Originally Posted by donk.
Gonna go much lower than 52K
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It's possible, but I think one thing people aren't talking about is how much cash there is on the side lines right now. Everyone was expecting a crash/pull back already, so there are a lot of hedgefunds and money managers holding cash right now.
Eventually, these guys have to deploy their capital otherwise Mr. Market is going to run them by.
Maybe they won't be buying crypto, but I think that's the thesis for the equity markets in general to continue on ripping higher well into 2025.