Post
Topic
Board Trading Discussion
Re: Is this time different?
by
OgNasty
on 16/06/2025, 20:08:30 UTC
The double top in 2021 was the result of FTX pulling a massive scam where they took customer funds that they thought were buying Bitcoin, and dumped them into various shitcoins.  Looking back at that and expecting a repeat here would be expecting another crazy fraudulent event to happen right at the exact same time in the cycle as last cycle.  I don't think that's very likely.  More likely we will continue to rally into September, get close to $200K, and then crash spectacularly once the S&P funds have all made their way into Bitcoin.