Initially I thought we’d have a sustained 20K some time after March 2021. We’re months ahead of schedule which could mean a couple things...
1) Could it be that lengthening cycles aren’t happening and we go parabolic and peak earlier than expected? We’re currently 2 months ahead of the last bull run in terms of retesting ATH.
2) This bull run may still be longer and more sustained growth than the last with larger overall gains. This would put all bullish case predictions to shame.
3) We’re in for a massive correction reverting back to a lengthened cycle with modest gains compared to the 2017.
My gut tells me to be prepared for number 3). But I’ll be pleasantly surprised otherwise...
1) Could it be that lengthening cycles aren’t happening and we go parabolic and peak earlier than expected? We’re currently 2 months ahead of the last bull run in terms of retesting ATH.
2) This bull run may still be longer and more sustained growth than the last with larger overall gains. This would put all bullish case predictions to shame.
3) We’re in for a massive correction reverting back to a lengthened cycle with modest gains compared to the 2017.
My gut tells me to be prepared for number 3). But I’ll be pleasantly surprised otherwise...
