December 05, 2024 at 06:51PM
Will 2025 look like 2021?
Bitcoin broke $100,000, which I think indicates that risk assets are in vogue again. Given the sentiment around the new administration and recent strength in equities, the conditions are falling into place for a bubble.
This cryptic tweet is now out from Roaring Kitty, who is the originator of the GME meme stock crazy.
It’s far-from-clear what it’s about but GME jumped 5% before being halted AMC is up 7.5% as well.
The image is a throwback to this famous Time cover. It’s led to shares of $U and $YOU rallying.
This article was written by Adam Button at www.forexlive.com.
Roaring Kitty returns in another sign that the memes are back
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