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All financial products have boom and bust cycles. 2021 marks the super cycle node for Bitcoin.
Putting aside personal emotions and ideas, when compared to the four stages of a financial bubble, Bitcoin is indeed in a very awkward position. The rebound from 85,000 to 97,800 is equivalent to the bullish trap mentioned in the chart.
Therefore, anyone telling you that a crypto super cycle is coming soon should not be listened to. Keep mainly cash flow on hand!
In the past two years, precious metal products have surged wildly. Historically, every time precious metals surge, it is accompanied by an impending financial crisis. Global liquidity tightening also leads us to speculate that this year will likely see a financial crisis more severe than 2008.