I think and I am predicting that a BIG CRASH is coming within the next 10 days.
Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.
Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.
No asset can increase its prices the way bitcoin is doing?
What about microsoft stock?(1500% in 3 years):
There are many examples of assets, stocks & commodities having massive price fluctuations similar to bitcoin.
3 years is pretty long in Bitcoin terms
But I have a better example of something which is more material than both Bitcoin and Microsoft shares taken together or even multiplied by each other. I refer to silver and its dramatic rise and no less dramatic fall just a few years ago. In 2011 it started rising and rose within a few months from around 15 dollars per ounce up to almost 50 dollars (i.e. more than 3 times). And then quite naturally silver crashed since that was no more than severe market manipulation (trading rules had been changed after that)
Even more extreme was silver price manipulation by the Hunt brothers in 1980