Bitcoin Isn’t the Bubble It’s the Pin!

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Bitcoin Isn’t the Bubble It’s the Pin!

I wish I could take credit for that perfect description of Bitcoin, but I can’t. That goes to JP Research.

This Bitcoin bubble will be the “pin” that bursts the more widespread bubble, just like the Nasdaq bubble burst the markets back in the early 2000s.

I wrote about this twice last week, showing you how the Bitcoin bubble compares to the internet bubble, and how much Bitcoin could potentially lose when the burst happens.

Then, last Friday, I took to Facebook with this video, elaborating more on the Bitcoin situation.

I explain why Bitcoin could make one more new-high at best and then what to expect… not only with Bitcoin, but the future of the cryptocurrency industry in general.

Watch this Facebook video, and comment with your thoughts on this Bitcoin bubble.

Harry

 

The post Bitcoin Isn’t the Bubble It’s the Pin! appeared first on Economy and Markets.

Harry Dent – Economy and Markets ()

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Harry Dent

Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.