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Experts Warn of Inevitable Nasdaq Crash Amidst Potential Growth

CointimeCointime2024/06/24 16:04
By:Cointime

The Nasdaq market is expected to experience a crash in the near future, but it may still provide a few more years of success before this happens. This is a common pattern for markets that have experienced a parabolic rise, such as the Dotcom boom and bust, the rise and fall of Bitcoin, and the regular boom and crash of commodities like cocoa. While the Nasdaq has the potential to reach 25,000, it is also on the verge of a bubble that will inevitably burst. The previous mini bust caused by QT will not be backstopped in the same way, as it will not be part of a wider systemic situation. The article warns readers to be prepared for the end of the current bull run and discusses the current state of the market. While it is difficult to predict the top of a bull spike, there still appears to be room for prices to rise. However, the faster the market rises, the closer the end will be. The article also explores the concept of exponential moves and the "hockey stick" pattern of boom, bubble, and bust cycles. The author advises readers to be cautious and understand that while profits can be made during this period, keeping them will be challenging.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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