JGB's ascension seems relentless, so the Japanese Yen carry trade blow ups are done? How about the ongoing employment shrinkage due to AI & Robotics and the threat of inflation?

All and any of which may result in further deterioration of overall liquidity.

Of course the complex nature of finance is that there's always opposing force to everything.

Governments and CBs will do everything they can to keep the liquidity level from going down because there own existence depends on it and they ALL know it.

A part of thesis WHY Trump had to push A.C.E. while China opposes!  They both know which side the bread is buttered so the outcome was pretty much set in stone, long before they had to implement their policies accordingly.

Bull market is always littered with reasons WHY it can stop and crash at any time while it remains actually STRONG - the proverbial climbing the wall of worry.

The real blow top bursting of the bubble happens ONLY when EVERYONE expects the upward trend MUST continue because EVERYTHING looks BULLISH!

I for one don't see that here and now.

There are plenty of reasons to be concerned about along with plenty (maybe even overwhelming MAJORITY) of negative sentiment to support them as well.

Overall backdrop which supports the fundamental basis for a secular bull market continuation.

It will be a well earned reward for a long term student of the market to remember this plain truth.

A REAL strong and thus secular bull market continues not because of the bullish financial and sentimental back drops but IN SPITE of them!

BTC ascension, along with other industries of AI, Robotics and Energy is a fitting example to this and institutions KNOW it very well and are positioning themselves accordingly. 

It will behoove us the retail investors to notice their ACTIONS instead of being misled by their RHETORICS.

Success ALWAYS leaves clues.

Best of success to everyone!