Ari Paul, CIO of BlockTower: The Current State of Crypto
The Pomp Podcast
00:00
Crypto's Dead Because It's Not Fundamentally Broken
There's been a complete retra retracement of the market back to ike september, two thousnd 17 levels. We basically retraced a two month speculative parabolic move. In otherwrds, you don't need a fundamental change to do that. You just had people who got over levered, over zealous. They were momentum chasers,. and you retraced that move. The key thing i waus trying to remember is crypto assets are the price movements are log rhythmic meaning you get these ten ex advances, you get these 80 % collapses. It's just a hyper volatile asset. That's not unique to crypto. And an normal market
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