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Max Keiser Explains How The Current Bear Market is Different From Previous

Max Keiser Explains How The Current Bear Market is Different From Previous

Max Keiser, along with Anthony Pompliano, explored what the current market downturn is like compared to the previous ones on the Best Business Show

Let’s look at Max’s analysis of the bear market of 2022:

What Transpired During Previous Market Drawdowns?

Lack of liquidity: He opened the conversation with Anthony by discussing the bear market’s past atrocities. He claimed that the previous causes were predictable because the well-known exchange lacked liquidity and was too volatile to be used for trade. However, the issue of regulatory oversight in exchanges like Bitmax and others was also a problem. 

Additionally, he noted the long-standing issue of wash trading in Bitcoin. Having said that, he reportedly stated that only approximately 50 million in daily volume constituted actual Bitcoin and the rest was wash-trading when Saylor first started buying Bitcoin.

According to him, Nasdaq has been guilty of wash trade for years, which they did to manipulate the pricing. Due to a lack of volume, you would see an 80% drawdown when sentiment changed.

A different perspective of the current bear market of 2022

  • First, it is exceedingly impossible to make a price prediction other than just that one.
  • Second, it is up to the investors if they want to hold it for three and a half or four years. According to him, you will be profitable if you have a short time horizon, such as three and a half or four years.
  • Third, the volume has legitimated itself, the demand has legitimated itself, and the markets have legitimated themselves over the past. Let’s call it the ‘Michael Saylor era.’
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Geopolitical issues 

He mentioned the global factor as one of the major causes of the current bear market. Starting in February with the Russia-Ukraine conflict, there was an end of a 40-year bull…

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