I am so sure that this year bullrun will actually be so much massive
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I am so sure that this year bullrun will actually be so much massive
Maybe. Compared to the ATH from 2014, the one from 2018 was roughly 20x. And ATH from 2021 compared to 2018 is roughly 3.3x. So we might see a further decline of the multiple. But we also have to account for the demand from ETFs, which weren't there in the past.