A false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which has made the sharpest bear market recovery in history. Further comparisons to Bitcoin show why false bottoms are the most devastating challenge for long-term investors. S&P 500: Sharpest Bear Market Recovery, Or Prelude to Another Depression? In early 2020, the S&P 500 and other major stock indices set an all-time high record. Weeks later, a […]
