Consolidation before the run

in voilk •  2 months ago

    Sometimes, I feel like I am caught on the market wave

    It’s been well over 10 years that I have been living through and dabbling into the world markets and how liquidity flows through everything

    So when I am naturally consolidating my spending, saving on this, saving on that, buying in bulk before winter etc, it gives me the vibe that we are in for some sideways action. Well, sideways but pointing up a bit haha

    Usually when the interest rates pivot, there is a lag, a crash, then everything runs

    However, things do not have to happen that same way

    Look at gold and silver for example. Some thought no way gold will pass ATH of $2,000… and here we are with gold over $2,600

    30% over ATH for an asset as large as gold is just wild

    The actual wild thing is though that things are just starting to heat up

    We are in a point where prices are trying to go higher and higher and a lot of people who really need the money are cashing out on every move up

    So that is how the sideways action happens, price moves up, people sell it down, price moves up, people sell it down.

    But, eventually, the sellers dry up, and things get really coucou into the upside

    How long can this run go?

    What new projects will come out of nowhere and shock the world?

    Really looking forward to see who comes out of this bull run on top. Hopefully hive can make new ATH’s that would be really awesome for all of us

    How does $5 sound for a hive target? $1 for LEO?

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