RE: BTC going Parabolic .. but I have to include some 'bearish' news!

You are viewing a single comment's thread:

Depending on the order of things,
Bitcoin may never come down.
The stock market may never come down.
The dollar may never come down.

It would be prudent to say we are no longer in a market.
Bulls and Bears no longer are meaningful terms.

The stock market is in a Vulture.
And soon, the stock market will close it's doors because people realize that it wasn't just Game Stop, and it wasn't just 125% of outstanding shares. The entire market is oversold by at least 500%, and no one owns anything. Unless you called the company and registered your stocks, after paying your broker to actually get them to you, you don't own anything. Cede owns everything.

Sooooo, the stock market will go up and up and up.... and then nothing.
I don't even think there will be a time for a crash.
Trading will stop at an ATH.

Bitcoin will go above $100,000. And then it will go toward a million. Sometime around there, bitcoin will go no-bid. No one will sell any of it on any exchanges. The price in dollar will be meaningless. Lambos per bitcoin may be an actual, meaningful measure.

So, i do not see bitcoin having any real pull backs. There will be brief spikes down.

We are not in a bull market
We are in an Adoption market AND a "fleeing the sinking ship" market.
(ok, we may be in a bull market too)



0
0
0.000
1 comments
avatar

thanks for your analysis. The way things are going I tend to agree as an artificial market has no top. There is gravity though.

Posted Using LeoFinance Beta

0
0
0.000