RE:FIDELITY SURVEY: 52% OF INSTITUTIONAL INVESTORS HOLD BITCOINwho really cares about that number.
52 percent have invested in bitcoin.
what is the weighted average compared to stocks. .01 percent oir less for some.
the bigger picture is the fact that trump and his sidekick kudlow brought the market to a point where it was significantly overvalued. add a fed that about as honest as the mafia and you have a recipe for disaster.
i think investors really need ask themselves what happens to companies when they are running a business in an imperfect environment over a stretch of longer periods. supply chain issues are no joke and a s mall increse in interest rates can lead to disaster for many companies. this all gradually funnels down up etc.
whats the real vale of bitcoin at todays price and even 5 years from now. its definetly way overvalued. when you buy in a bullish market, there eventually will be a penalty.
stock market is at least 50 percent overvalued on a good day.
lots of bagholders coming. thats what the media is paid for. tops in the market take time to see. expect a wild ride of ups and downs to the bottom which in my humble opinion is not anytime soon.
best of luck.