
#45: Michael Oliver On The 'Massive Momentum Structure' In The Stock Market
Superinvestors and the Art of Worldly Wisdom
Bitcoin's Recent Crash Is a Warning for the Equity Markets
The major stock market averages could possibly be either showing similar breakdowns in momentum to that we saw in Bitcoin, or maybe have already started to break on some of the shorter timeframes. Do you think Bitcoin's recent crash then is a warning for the equity markets? I don't know. There's a good correlation. When you look at the price chart that, you know, they were both going up very strongly. You know, from during 2000, specifically in the latter part of that year. But as far as the coincidence to the stock market, we don't have a hard feeling about that.
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