Crypto Still to blow up ... FULLY.

[Hydrogen]

Interesting according to Doomberg ( a very well respected financial source) .... Crypto is still to properly blow up 'fully' - This is a black box mystery which is mostly likely to further explode - taking Tether with it we're talking full systemic contagion that has not fully spoken not fully bottomed. ...:

https://silverseek.com/article/no-more- ... d-doomberg...

They (ie the FED / Government ) will let it fall further because its disinflationary. $2trn in real spending power removed from system.

BTC is distanced from Crypto.... But nevertheless. You get the chaos

[GoGreen1]

https://www.cnbc.com/2022/07/17/how-the ... stors.html

Blowing up….

[Costa]

I guess its what is blow up. I think Gareth is the only one who has nailed it to be honest. And i agree with his thesis and projections.

Basically 90% of crypto goes. Only the strong remain. Think of it like the dotcom bubble.

It may bounce around here and reach 25k (BTC) , it may even kiss 28k but this bird is going down towards 12k imo. Perhaps lower.

I realise that view is not a popular view.

And for balance we have Raoul Pal questioning if this is the bottom.

[Bottle Rocket - Liam]

Raoul Pal is being outed as some kind of P&D vulture by some of the guys I follow.

Watching this unfold is like an episode of Eastenders

[Costa]

A great technical discussion from my man Scott yesterday. He's been tracking the harmonic development into a play/trade. Was a fantastic watch for me, as this guy is a legend and bulls would be happy i'd imagine.

[lebugue-addick]

And just by way of balance deutsche bank see BTC recovering to some $28k by December and JPM think the recovery has already started. There's always a contrarian view no matter how hard some peddle this.................:

https://cointelegraph.com/news/deutsche ... y-december

[Costa]

Scott is discussing Harmonics, but in the context of Crypto's

He's bullish at this moment.

https://www.youtube.com/watch?v=2VXQsVg ... nicTrading

[Djingle]

https://www.youtube.com/watch?v=dfi-2cw_gTw

I've never heard this guy before...

He's pretty full on with his opinion! He talks about gold and silver about half way through. Mentions JPM manipulation and then closes with his view on crypto.