🔥Breaking News:- 🐥The senior commodity strategist at Bloomberg Mike McGlone believes that the leading cryptocurrency by market cap, Bitcoin (BTC), could be in trouble, as its price chart resembles the 1930s stock market’s chart, following the major crisis that took place in 1929.
🐥“One of the One of the best-performing assets in history and a leading indicator -- #Bitcoin -- appears similar to the #stockmarket in 1930. Statistician and entrepreneur Roger Babson began warning about elevated equity prices well before economist Irving Fisher proclaimed a "permanently high plateau" in 1929. The #Fed tilts our bias toward a stance similar to Babson's