I feel the real wrench in the works this time is the American stock market. It is way too inflated, just waiting to burst. We are right at that historic line of resistance, set by the 1929 epic bull and the dot com bubble. Both that and the buffet indicator shows us way too high. With Trump just out to enrich his friends while Musk dismantles the US gov, this bubble could go at any time. How will that affect the crypto market...? That is the X factor to me.
Ah well, let's just play it by ear and see what happens, eh? Good luck!
Fun Fact, Im sure your aware the US dollar used to be fully backed mainly every dollar in the world could be claimed for gold. Today the total marketcap for gold is $19T which is the same value of the top 8 companies on the US stock market.
The bubble is real and it could be a 1929 style crash
Hopefully not that bad. I can easily see another dot com level crash but with a much longer recovery than last time, but at the same time I could see it being much worse. As I've posted about on Hive a few times, we shouldn't panic, but we need to be aware that this is something that could easily happen and we should have some kind of plan for how to deal with it if it does happen.