Why I Believe Bitcoin Can (And Likely Will) Go Below $10,000

Why I Believe Bitcoin Can (And Likely Will) Go Below $10,000


Seeking Alpha
2022-06-21 20:41:16

I believe Bitcoin's valuation (and crypto in general) will collapse much further if the Fed reduces its balance sheet as planned.My posts of 1/22 predicted and explained the recent collapse.Bitcoin and gold face twin headwinds of rising real yield and potentially falling inflation expectations.