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Crypto's Moment: They Swung, They Missed | Roundup

Bell Curve

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Is the Crypto Economy a Bullish or a Bearish Perspective?

When you start to see earnings actually deflate, maybe the price to earnings ratio or the price to revenue as fans were saying 10 to 12 out of revenue. Maybe that goes up. Those metrics go up. But when revenue and earnings decrease more so than the multiples going up, you're going to start to see a deflation in asset values too. I think generally there are different subsets that we have to talk about, but it does look like the market is pricing in that this is just the start, not the end.

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