The Coming Echo Bubble
![The Coming Echo Bubble The Coming Echo Bubble](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F2e7f6021-33ad-49dc-91ad-3b8bf636a39b_1024x1024.png)
One of the greatest traders I know has privately been talking about an Echo Bubble that will be coming in 2023 before a crypto winter for the next decade. So what's an echo bubble?
An echo bubble is a smaller (both in terms of percentage moves and time) bubble that follows the drawdown of a much larger bubble.
Here's an example of the DOW during the 1929 crash that lead to the great depression. There was a period of time lasting almost 8 months where the stock market continued to increase.
Since there's not really a scientific definition, this type of market behaviour is also referred to by many other names such as a bear market rally and dead cat bounce.
The point of this post is to tell you that the best trader I know said that an echo bubble is coming. Until then we wait or at least try to wait and not get rekt by sam.