Here I will share my opinion about the mother of market crash, this is all about the global economy, I want to explain a little what is meant by michael burry, this has to do with elon musk and bitcoin.
Michael Burry once said: we will witness the mother of all accidents, in the midst of the greatest speculative bubble of all time. Then what does this mean? everyone is still wondering about this.
Everyone must have known that the bitcoin season will continue until the end of the year, this is called a speculative bubble if the bull is left until the end of the year, it is like a small fish eating a whale and this will probably never happen. the minor players are bound to leave before the end of the year, and this is what the big players don't want.
Michael Burry may be right again, this could be due to several factors
- United States inflation rate out of control
- Federal Reserve will raise key interest rates sooner than expected
- high unemployment rate
- Covid19
- Bank collapse
Let's try to see the chart pattern I made about bubbles
bitcoin is dancing on the edge of a knife, here I am a little doubtful about the accumulation of wyckoff and the movement is a little suspicious.
I feel like Elon Musk was hiding something during the last discussion with Jack Dorsey and Cathie Wood on the Bword show.
Michael Burry once said: we will witness the mother of all accidents, in the midst of the greatest speculative bubble of all time. Then what does this mean? everyone is still wondering about this.
Everyone must have known that the bitcoin season will continue until the end of the year, this is called a speculative bubble if the bull is left until the end of the year, it is like a small fish eating a whale and this will probably never happen. the minor players are bound to leave before the end of the year, and this is what the big players don't want.
Michael Burry may be right again, this could be due to several factors
- United States inflation rate out of control
- Federal Reserve will raise key interest rates sooner than expected
- high unemployment rate
- Covid19
- Bank collapse
Let's try to see the chart pattern I made about bubbles
bitcoin is dancing on the edge of a knife, here I am a little doubtful about the accumulation of wyckoff and the movement is a little suspicious.
I feel like Elon Musk was hiding something during the last discussion with Jack Dorsey and Cathie Wood on the Bword show.
Comment:
Keep in mind that in the history of Elon Musk, he almost went bankrupt in 2008, maybe he was thinking big plans, it is not impossible for him to sell all his bitcoins.