Conclusion: We are going to experience an accelerated drop soon!
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Mark Douglas: traders do not trade the actual market, but rather their own perception of the market. This perception is influenced by their emotions, beliefs, and experiences.
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Soon there will be hype around Quantum computers or Fusion power then GPU and AI will become irrelevant to market players!
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It looks like standard size of bubble is 1.2 -1.3 trillion US dollars. Bitcoin lost 1 trillion of it value in 12 months after it reached 1.3 trillion USD market cap in, Tesla lost 75% of its 1.2 trillion market cap in 14 months, how long does it take for NVDA to lose 1 trillion of its market cap?
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Jim Simons "Markets are driven by sentiment, and sentiment can change very quickly."
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ARM to NVDA could be RIVN to TSLA at its all-time high
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NVDA -10% since I published the article on August 24, 2023
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