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RE: Tom Lee: "Altcoin Bear Market Largely Over"
Past bear markets in crypto took a long time to recover from because the ecosystem was much smaller and institutional participation was almost non-existent, but this time around that's not the case.
The whole world is talking crypto at the moment, and lots of speculative money is waiting to enter!! This makes all the difference in my opinion.
"Past results do not indicate future results"
That statement most likely applies here, though it is a fun talking point never the less.
I think you are exactly right though, the current crypto environment is different than anything else it has every experienced in its history.
I think once we get some clarity on regulations and even taxes, we are going to see a massive run again, as long as those regulations aren't too heavy-handed of course. :)
Exactly, the world is waking up to crypto but I don't think we will have a huge boom in capital flow, it might be quite steady.