Is the Crypto Bull Market in Trouble?

Don't make the same mistake a third time                                                                                                                                                                                                                                                                                                                                                                                                                 September 11, 2024 | [Listen Online]( | [Read Online]( [Teeka Tiwari]( [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20The%20Digital%20Asset%20Daily&body=Is%20the%20Crypto%20Bull%20Market%20in%20Trouble%3F%3A%20Don%27t%20make%20the%20same%20mistake%20a%20third%20time%0A%0Ahttps%3A%2F%2Ftiwariresearchgroup.com%2Fp%2Fcrypto-bull-market-trouble) Is the Crypto Bull Market in Trouble? The most crowded trade in the market right now is technology. Specifically, artificial intelligence (AI). That’s not to say it isn’t warranted. AI, and tech in general, will continue to transform our world at an ever-increasing pace. But it sure ain’t cheap. A crowded trade is when a large number of investors pile into an asset class or investment theme. The herd mentality sends prices higher. We’re seeing that play out right now in the tech sector… The S&P 500 Information Technology sector trades at a 39.25 price-to-earnings (P/E) ratio. Ten years ago, it traded at a 15.4 P/E ratio. That means investors are willing to pay $39.25 for $1 of earnings, more than double what they would have a decade ago. Technology stocks make up roughly 40% of the S&P 500. The 20 biggest tech companies are worth over $20 trillion and account for nearly 18% of the global stock market value. That’s what I mean when I say this is a crowded trade. Yes, there’s still money to be made in tech… But not dump trucks of money. Perhaps there are a few pails of cash left to be pulled out of Big Tech. But the kind of money that can change your life? Sadly, I think those days are gone. The good news is there’s still a corner of tech that is wildly undervalued. Less than 0.25% of the world’s capital under management is in this area of tech. But the market is sleeping on this story. As you’ll see below, that’s where your chance to profit comes in… The Market Is Completely Missing This Opportunity The sector I’m talking about is blockchain technology. For much of its existence, blockchain has been the weed-smoking, long-haired hippie of the tech world. Somewhat amusing – interesting even – but not a serious investment for serious players. Since its launch in 2009, traditional finance has disregarded, ridiculed, and (unsuccessfully) even tried to thwart bitcoin’s ascension. And it’s not just bitcoin. Ethereum and the thousands of altcoins they’ve spawned over the years have been almost universally ignored by traditional finance. All of that changed earlier this year when the Securities and Exchange Commission (SEC) approved the first bitcoin and Ethereum exchange-traded funds (ETFs). Let’s forget about the altcoins for a second and talk about just bitcoin and Ethereum. Right now, we can buy bitcoin and Ethereum at the same price they were four years ago. That’s a fundamental mispricing by the market. Four years ago, there were no ETFs. Four years ago, the biggest players in the space were unregulated offshore exchanges such as FTX and Binance. FTX is gone. And Binance is under the scrutiny of U.S. regulators. Today, the largest money manager in the world, BlackRock, is all-in on bitcoin and Ethereum. The largest private wealth manager in America, Morgan Stanley, has given its 15,000 brokers permission to offer bitcoin ETFs to their clients. Massive U.S. pension funds, like the one run by the state of Wisconsin, are committing hundreds of millions of dollars to bitcoin. You can look at bitcoin and say, “Look, all this bullish news doesn’t matter because it’s still the same price it was four years ago.” Or you can look at bitcoin and say, “Oh my goodness, look at all this bullish news, and I can still buy it for the price it was four years ago. What an opportunity.” You can guess which way I choose to look at it. Friends, Wall Street’s adoption of new technology as an investment vehicle just about always follows this path of disbelief, skepticism, and dismissive boredom. If it didn’t, Amazon wouldn’t have dropped 95% in 2001… Tesla wouldn't have traded sideways for six years from 2013 to 2019 before going up 20x… And Meta (Facebook) wouldn’t have dropped 80% between 2021-2022. (It's now up 6x from those lows). Hear me when I tell you this: The market is fundamentally mispricing bitcoin and Ethereum. Relative to the massive amount of capital that now has easy access to these two assets, buying BTC and ETH are the lowest-risk, highest-reward tech plays in the world right now. As I wrote on Monday, [just 0.25% of traditional assets under management (AUM) are in bitcoin ETFs.]( By contrast, almost 1.82% of all AUM is either indexed or directly tied to chipmaker Nvidia. And the most crowded trade on the list is Apple at 2.3%. Again, “traditional” tech has captured 40% of the S&P 500’s total value. Yes, traditional tech companies are a critically important part of the global economy. But just looking at the amount of capital already pegged to it, we can say it’s a highly crowded trade. Massive, life-changing gains don’t come from crowded sectors of the market. They come from places either being ignored or ridiculed by the market. Bitcoin, Ethereum, and blockchain projects in general are being ignored by the marketplace. And it’s a mistake. Your Chance to Get in Before the Crowd Every four years, bitcoin experiences a “halving.” That’s when the number of new bitcoin mined gets cut in half to control supply and inflation in the asset. In every bitcoin halving year, I’ve helped my readers navigate a wall of disbelief as they patiently wait for the explosion of value in crypto assets. An explosion of value that the market loses all faith in. Some investors make the mistake of losing hope and selling right before values streak higher. They made this same mistake during September 2016 when BTC was at $600 and ETH was at $11. They made it again in September 2020 when BTC was trading at $10,200 and ETH at $350. And some people are making it once again right now with BTC at $56,000 and ETH at $2,300. Just $5,000 placed into bitcoin and Ethereum during each of those periods in 2016 and 2020 would have been worth as much as $651,000 for bitcoin and $2.3 million for ETH at their respective peaks. What will it be worth this time around? Well, based on my research, I believe bitcoin trades to at least $150,000 before this crypto bull market is over. And I expect Ethereum to hit at least a $1 trillion market cap, which would put it at approximately $8,300. Friends, I implore you. Don’t make the same mistake a third time. The time to buy bitcoin and Ethereum is now while the market is mispricing them. Because one thing I’ve learned about markets is they don’t misprice assets forever. Eventually something happens that awakens the whole world to how cheap these assets are. The same thing happened in 2017 and 2021. And I believe it’ll happen at the largest scale we have ever seen in 2025. That’s because there's an unprecedented phenomenon happening that will remake the crypto space forever. We’ve never seen this event before. Some folks know bits and pieces about it. But no one has put the pieces together. I’m finishing up my research on this phenomenon and will pull back the curtain on my findings soon. Hit “reply” to this email and let me know if you'd like to hear about it first. I guarantee it’ll utterly remake the leading names in the crypto markets, creating havoc and panic for the poorly positioned…. And the opportunity to secure a vast fortune for those folks correctly positioned. Until then… Let the Game Come to You! Big T P.S. Be sure to let me know if you’d like to be among the first to hear about this upcoming phenomenon by hitting “Reply” to this email and letting my team know. Share The Digital Asset Daily You currently have 0 referrals. [Click to Share]( Or copy and paste this link to others: [ [fb]( [tw]( [ig]( [yt]( [in]( Update your email preferences or unsubscribe [here]( © 2024 Tiwari Research Group 1607 Ponce De Leon Ave San Juan, Puerto Rico 00909, Puerto Rico [Terms of Service](