The Mother of All Bubbles?
Over the centuries, many bubbles have played havoc with people’s lives, but rarely – if ever – have we seen a bubble as big as Bitcoin. Having dropped almost 50% from its peak, one wonders whether the meltdown has already commenced? Alternatively, could it possibly be a blip on the curve, only for Bitcoin to go much higher? For what it is the worth, I think Bitcoin will ultimately go to zero, but that doesn’t mean it couldn’t appreciate further in the short term.
![Chart title: The Mother of All Bubbles?](https://cdn.prod.website-files.com/582f21bd539fedd346d8937a/5a709393d305c700016b8ba5_The%20mother%20of%20all%20bubbles.jpg)