
Bitcoin: What I’m Seeing Is Concerning Right Now
Bitcoin just ripped from $62K to almost $80K in three days, and sentiment flipped from extreme fear to greed. So the question is do we buy now or wait for things to settle?
In this breakdown, I walk through the data that changed how I think about this. If you missed Bitcoin's 10 best days, your annual return went negative in nine of the last 15 years. Miss 50 days across a decade, and a 200x asset can hand you a loss. That is why trying to time the top and bottom is so dangerous.
I also cover Ray Dalio warning of a US debt crisis and recommending 15% in Bitcoin and gold, Standard Chartered calling for $500K by 2030, and why I just closed my own long even though I stay bullish long term.
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