Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 10/05/2022, 15:04:14 UTC
⭐ Merited by Biodom (1) ,bitebits (1)
The stonk market right now feels exactly like it did around October 2011.

In the spring and summer leading up to 10/2011 there had been a huge rally with the S&P 500 reaching new ATHs.

Then came the crash starting around July 2011.

Once the bottom of market was reached in October, I distinctly remember the fear in the MSM that the market had further to fall.

It never did.

The stonk market climbed a wall of worry to reach new ATHs by Fed 2012 and never looked back.