Coinbase GlobalShort
$COIN is FINISHED! | SHORT ALL CRYPTO
Despite the best efforts of celebrities and juvenile CEOs, the crypto fantasy is coming to an abrupt end!
For those of you who have followed my crypto coverage (not many - lol), you will recall that I have been steadfast in my "short-crypto" perspective since posting the "Bitcoin top" way back on October 15th, 2021 - linked to this post.
Although we have seen a pathetic retrace, thanks to the obscene green new scam / inflation reduction act, my analysis prevails. This fantasy bubble is going to devastate financial institutions and private citizens alike.
Moreover, in addition to the disastrous inflationary policies of the current political administration, we have seen institutional financial entities increasingly involved with cryptocurrency in recent years. Specifically the ETF-ing of crypto, while presumed "bullish" by many, is actually the worst thing that could have happened for the crypto fantasy club. WHY? Simple: ETFs compete for return, amongst one anther. To that end, as the global economy slips deeper into recession, the fraudulent celebrity-pumped crypto bubble is low-hanging fruit; it will be plundered without mercy!
🏴☠️🏴☠️🏴☠️
For those of you who have followed my crypto coverage (not many - lol), you will recall that I have been steadfast in my "short-crypto" perspective since posting the "Bitcoin top" way back on October 15th, 2021 - linked to this post.
Although we have seen a pathetic retrace, thanks to the obscene green new scam / inflation reduction act, my analysis prevails. This fantasy bubble is going to devastate financial institutions and private citizens alike.
Moreover, in addition to the disastrous inflationary policies of the current political administration, we have seen institutional financial entities increasingly involved with cryptocurrency in recent years. Specifically the ETF-ing of crypto, while presumed "bullish" by many, is actually the worst thing that could have happened for the crypto fantasy club. WHY? Simple: ETFs compete for return, amongst one anther. To that end, as the global economy slips deeper into recession, the fraudulent celebrity-pumped crypto bubble is low-hanging fruit; it will be plundered without mercy!
🏴☠️🏴☠️🏴☠️
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.