BitcoinShort
The UNWINDING of a speculative phase can be UGLY
I'm not suggesting Bitcoin will fall back to 3k or less. What I am suggesting is there have been two unique speculative bubbles in Bitcoin. If the current unwinding event is a severe as I think, Bitcoin could fall back to levels below $6500 before attempting to find any real support.
If you really believe the excesses over the past 8 years warrants a 30k Bitcoin price - wait till you see what happens when the Fed pushes FFR rates above 1.5% and a real asset bubble bursts across the globe.
Got Gold & Silver yet?
Follow my research.
If you really believe the excesses over the past 8 years warrants a 30k Bitcoin price - wait till you see what happens when the Fed pushes FFR rates above 1.5% and a real asset bubble bursts across the globe.
Got Gold & Silver yet?
Follow my research.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.