Famous investor Michael Burry shares a chart for investors to look at before making any investment.
Michael Burry shared the S&P500 chart in his tweet which clearly shows the dynamics the market experienced almost 20 years ago.
Barry's one-word tweet "Maybe" may reflect his skepticism about the current market rally.
Reports suggest that, high degree of interdependence between traditional and digital asset markets, in the near future both cryptocurrencies and traditional assets will slowly reach local resistance levels.
The phenomenon is related to the psychological exhaustion of investors after months of unrelenting market declines.
With the majority of major players surrendering, even a small amount of retail buying activity is enough to propel the asset forward.
Financial regulators are pushing tight monetary policy and are poised to ease monetary policy until the global inflation target is met.