Unemployment Rates have hit the lowest value since 1970. Each time the UnRATE has reached a bottom and bounced up, we have experienced a stock market decline, in some cases a recession. This also lines up with 7-10 years economic cycles. We are on our tenth year since our last stock market correction. What seems very interesting is the fact that Crypto looks to have hit its bottom and is looking to start its next 3 year bull run. Stock market crashes last around 2-4 years (usually). This looks for crypto and the stock market to be inverse the next few years. Fidelity is launching its crypto trading platform for institutional clients sometime this month. Will this provide a bridge for institutions to transfer their money out of the stock market into crypto? It seems that way. If this is the case then we are about to experience a very large transfer of wealth. What will 85% of people feel when the stock market is declining and Crypto is going up? They will feel FOMO. They will also be looking for a safe haven for their cash, maybe its going to be digital gold this time...
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