Bitcoin (BTCUSD)

[xZx]

it depends on lots of factors, but keep in mind older people who base their investments on economic fundamentals are now a shrinking % of the investor pool.

younger people who grew up with crypto will take their place on wall street.

as a general rule, these generations are less interested in working for a living (see the great resignation, which gen-X is also part of now) and making moves into the defi space, buying passive income cryptos.

that trend will only accelerate.

we can debate whether these attitudes are ideal, or even practical, but the crypto lobby is now all over washington DC, congress has dogecoin among their trading records.

crypto-rich investors pay to keep the economy humming. the metaverse is now where luxury brands -- handbags, supercars, etc -- want to be. football clubs want to mint their own tokens.

visa, mastercard, soon all the banks, will say "pay with crypto"... so....

we're living in interesting times!