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Notes -
What do you mean?
The current economic system produces recurrent ~5 year cycles of growth and recession that map onto interest rate decisions from the Fed whose timing coincides with both POTUS terms and cryptocurrency market bubbles. The nature of the link and whether it's coincidental is debated, but I believe, alongside others, that much of these effects are downstream from monetary policy and psychological effects.
During the last cycle, the near-top of the cryptocurrency market was marked by a fad of people releasing or pumping dog themed coins trying to replicate the success of dogecoin, a good example of this is $SHIB.
Liquidity traders believe that you can observe the psychology of the market to time long term trading decisions and profit from the variations of the liquidity cycle.
What I'm saying is that this celebrity coin fad looks a lot like the fads of the past cycle, which may signify that we are close to the top. And that we may expect recession and/or a crash along with a yield curve reversion this year or the next.
https://www.investopedia.com/terms/b/boom-and-bust-cycle.asp
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