HK_L61

BTC - Donkeys chasing one another up the Pole

Short
COINBASE:BTCUSD   Bitcoin
The comedy of the Dunce believes "Inflation" is Bullish for BitCoin.

No explanation as to why, simply the new Mantra.

It has ZERO History to support this new Narrative.

BTC Price is not just driven by the money-supply, but speculative forces.

Forces aligned who's answer - "Buy BitCoin" it's the Future.

It's like the Bro with the Show who sees nowhere else to go.

TINA argument tee'd up again and again.

It's become a religion, a Cult, a faith based squeamish of speculators
who are too steeped in Dogma to consider the opposite POV.

Entrainment.

Crypto-Currency is comical - it is clearly not a Currency, unless you
prefer to exchange one Token for another...

But, but, but... Tesla and Amazon are...

Wait a minute, were with respect to Tesla.

Never with respect to Amazon.

Back to entrainment... at some point the Riggers will begin to
attempt to phase out paper Currency and instill the Banking
Confetti...

Not Currency, simply a Digi-Script based upon even less.

I'm certain the BIS will embrace competition when this moment
arrives.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.