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Opinion: Rise of cryptocurrencies strengthens consumer balance sheets
Editor
2024-12-25 21:03 2,192
According to Golden Finance, history may be about to repeat itself. Felix Zulauf, a well-known "prophet" and head of the Swiss Zulauf Consulting Company, elaborated on his typically harsh Swiss perspective on global markets, which has always been the opinion of most Wall Street. A useful addition to the inevitable optimistic speculations of the prophets. For now, Zulauf thinks the market will continue to rise, and he acknowledges the well-publicized technical negatives in the stock market — for example, extremely optimistic sentiment that suggests investors are fully invested, with few new buyers. At the same time, market winners continue to be concentrated in large technology companies, and the deterioration in market breadth is also a warning sign. But he believes positive liquidity trends should continue to push prices higher.
Keywords: Bitcoin
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