Crypto Summer Coming: Be Careful What You Wish For
By Mark Taker on ALTCOIN MAGAZINE
Disclaimer: This is not financial advice nor should anyone take my thoughts as financial advisements. These are mere opinions, you should take with your financial advisor before entering into any transaction.
As 2018 comes to an end, we are all hoping for the next bull run. The entire year has been one long decline in crypto valuations while at the same time it feels like traditional investments only continue to appreciate. That is until recently.
The past few months have marked the turn in the traditional markets.
Check this 5-year chart for the DJIA:
The Fed continues to increase rates to attack inflation, the traditional markets start to turn, and just this week, the yield curve has inverted. Ladies and gentlemen, a recession is nearing. Unlike most analysts, I don’t beleive it will happen overnight.
