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Strategies & Market Trends : Bear! -- Ignore unavailable to you. Want to Upgrade?


To: Sean Collett who wrote (225)4/15/2024 5:22:25 PM
From: petal  Read Replies (2) | Respond to of 266
 
Hi Sean,

Thanks for your reply!

Hadn't though of that aspect!

Hard to see that major countries will buy into BTC in a major way, though? (Then we would really be in a speculative mania, if countries enter the bubble in a big way...)

It seems to me more likely that, once the price starts going down –– which my gut and reason, as well as my studies in financial history, tells me that it eventually must –– countries will start selling off their little BTC reserves, thus dampening the price still more, adding to an eventual (in my eyes, inevitable) last panic + final crash.



To: Sean Collett who wrote (225)4/17/2024 4:03:34 PM
From: S. maltophilia1 Recommendation

Recommended By
petal

  Read Replies (1) | Respond to of 266
 
I don't know when or how this bubble bursts, but this seems to be what's behind its latest inflation:

sec.gov

That and the many 401-Ks "investing" in those ETFs

Money flows often outweigh non-existent fundamentals.