If we continue the series and assume that after the crash of 2008, the price will also rise by 2200%, then we should expect further growth to 15000 with a new high in 2035.
So we have to wait 15 years for the next major crash))))
Clickable
Cool! But as every pattern we consciously identify, the "magic" of markets, and people sentiments just won't let this happen as predicted. It will happen in a different way and time, and then you could still find another cool pattern that will include it too. Just saying. It happens more or less that the consciously observed patterns, stop happening or lose accuracy after markets have identified them. This thing has been observed in various fields, totally unrelated to markets.
A simple possibility is that the seemingly correlated events are just of random nature, but the human mind thinks that are related. It takes more data to actual see if there is a relation.
An other more obscure theory based on quantum physics, says, that some related patterns work until the conscious observer, finds them and this is enough to alter them to some extent. The more people know them and use it, the more the patterns shifts.
Specifically in trading, we understand all, more easily, that the more people try to profit at certain strategies, signals, or patterns, the less successful they become.
Cool! But as every pattern we consciously identify, the "magic" of markets, and people sentiments just won't let this happen as predicted. It will happen in a different way and time, and then you could still find another cool pattern that will include it too. Just saying. It happens more or less that the consciously observed patterns, stop happening or lose accuracy after markets have identified them. This thing has been observed in various fields, totally unrelated to markets.
A simple possibility is that the seemingly correlated events are just of random nature, but the human mind thinks that are related. It takes more data to actual see if there is a relation.
An other more obscure theory based on quantum physics, says, that some related patterns work until the conscious observer, finds them and this is enough to alter them to some extent. The more people know them and use it, the more the patterns shifts.
Specifically in trading, we understand all, more easily, that the more people try to profit at certain strategies, signals, or patterns, the less successful they become.
A lot of people have been waiting for a new market crash for the last 3-5 years, they say the market has grown too high.
The figure shows the market still has room to grow....
A lot of people have been waiting for a new market crash for the last 3-5 years, they say the market has grown too high.
The figure shows the market still have room to grow....
I understand. I hear it too. In reality even if we wait for a growth of 2200%, we still don't know the time. It's just a projection line. But at least in theory, based on this pattern, it doesn't seem a soon to be scenario.
