RE:BitcoinI stopped looking for the secretary indicator, when they themselves became obsolete, about 20 years ago.
Can't use the cab driver indicator, since they were replaced by the Uber driver.
Anyway, I hve been dipping my toe into the Cyrto currency market (Bitcoin adn Ethereum) for the past tear or so...but oddly for the same reason I am buying gold.
However, gold (and silver and gold mining equities) will remain 90% of my Fiat curreny hedge.
CB's will reluctantly embrace gold (which they have) before they will relinquish control to cyrpto's. A reset is coming. In the meantime Crypto regulation will be attempted. It might fail or it might succeed, but Gold is likely the safer bet, and the lesser of two evils for CB's in the endgame for fiat money....They may even attempt their own fiat crypto...but unless it is backed by something finite, it will fail too.
Not a conspiracy guy, but I am 100% sure this is all being discussed by governements and Central banks all over the world...and something big will go down, before they lose control.
MM