Is Bitcoin's Bull Run Nearing A Top? What The Herd Missed At $16,000 And Is Missing Now

Description

Summary As Bitcoin trades more than 600% above its 2022 bottom, a tidal wave of institutional optimism has arrived with many analysts and money managers calling for a doubling in price. In today's global economy, liquidity is inseparable from debt dynamics. It is not the creation of new debt that dominates capital flows, but the ability to roll over existing obligations. Our outline for the critical levels that must hold including at what price levels Bitcoin will top in the near-term and what l...