Let’s call this event the flAppening (as a variation on the flippening)
The interest rates are creeping up, they can’t stay near zero forever, even the Federal Reserves admits that. This is not good for stock and not good for bonds.
The S&P is showing signs of weakness. It has been on a tear since 2009 and it had no real correction since February 2016. That is too long.
Bitcoin just had a 70% correction.
It all looks like it is time to reverse.
It is time for cryptos to move up as stocks and bonds drop.
What do you think?