Investors are probably aware of the “Everything rally” that took place a few days after the United States presidential election results were out, a message from the markets to show the world how bullish the implications are for the coming years of the administration. However, some asset classes, including cryptocurrencies, have started to cool off after this significant rally.
After hitting an all-time high of just over $90,000, Bitcoin has now retraced enough to return most of its post-election games to the market. This is where some investors might start getting excited to deploy their idle cash, hoping for a potential rebound back to the recent highs, if not higher. However, there are a few fundamental reasons why investors should wait.
