Comparing DOT COM Bubble of 2000 to the EVERYTHING Bubble 2022

23 apr 2022

This bubble is beginning to become more and more similar to the dot com Y2K boom and bust... Look when the monthly RSI peaked in the dot come era it peaked in 1996 and we had hidden bearish RSI divergence. It took 4 years for the price to reach a peak meaning price continued to trend up but RSI was trending down. Look at what is happening now... We peaked on monthly RSI in 2018 and it has been four years exactly once again... By this logic we could see a monthly downtrend and confirmed multi year bear market sometime around October of 2022. I also overlayed the bust fractal from the dot com days when we entered a bear market and we even respected it perfectly and we are forming a monthly lower high. I think selling pressure will begin around the summertime and really pick up into the fall. Are you hedging? Is your portfolio prepared? This isn't to create fear this is just relaying what the charts are saying. This isn't a guarantee but its too close to ignore.