Looking Back at the Past 4 Years
There are many critics of Chairman Jerome Powell, but:
- Stocks ATH
- Gold ATH
- Bitcoin also ATH (twice: 2021 and 2024)
- and Real Estate ATH
... while interest rates are at a 23-year high.
Regarding the presidential election, no matter who wins, this market will continue to move forward. Even under the Biden administration's crypto-hostile policies over the past 4 years, we still have:
- ATH
- Bitcoin and Ether ETFs after 10 years of rejection
- Wall Street, institutional investors, countries increasingly accepting crypto
- Legal clarity more than ever (after many lawsuits)
Of course, to get all of the above, the crypto market has been fighting. But even in times of suppression, crypto still rises. If there is a US president who supports crypto, things can go very far very quickly. If not, like the past 4 years we continue to fight.