Flatline Crypto Repeat

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I’ve been pointing out recently how dead the entire crypto space has become. I can’t believe people even trading this passbook savings account anymore………

LZ wrote me and pointed out that this is not unprecedented. In the autumn of 2018, the same thing was going on, but after a while, crypto finally had a toilet-flush…….

……..which was accompanied with a severe trendline break. It could well be that we’re seeing the exact same thing happening before our eyes, and should such a break transpire, it could be the match that lights the next phase of the equity bear market. God knows that no one else is talking about this, but ZeroHedge just published its umpteenth “10 Reasons Goldman Sachs Says Melt-Up in November” type article (I’m serious). So when the likes of ZH have become insanely bullish every single day, you know something has changed.