Safe to Say Bitcoin Is a Bubble or Do We Need to See $1000 First?

The Bitcoin and stock market implosions continued after hours. In December, Bitcoin was at $19,000. It's now $6,200.

The Bitcoin and stock market implosions continued after hours. In December, Bitcoin was at $19,000. It's now $6,200.

Is it now safe to admit Bitcoin was in a bubble?

To all you would be dip buyers, I have one more question: If you did not like Bitcoin at $6,000 on the way up, is there any reason to like it now?

Mike "Mish" Shedlock

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