Striking similarities between now and maybe 1996 or 97, for those of us who remember. Especially from a price /chart point of view. I can’t help but think that I’ve seen this movie before. But it does seem that we are in the beginning stages of this one.
And yes, bubbles always burst. As they must. It ends up being more psychological then anything else. But the strong will survive and make it through to other side. The trick is building (and managing) something correctly so that it can withstand both the bubble and the pop! No easy task.
This is what separates the wheat from chaf / men from boys / signal vs. noise. It’s both inevitable and necessary, and the overall future environment is stronger because of it.