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

The top 15 cryptocurrencies are all in the red after a brief bounce following a 40% plunge in Bitcoin.

The bitcoin debate goes on and on. Some claim it's a bubble. Others say it isn't. Still others say it can never be a bubble.

Ripple, the number three cryptocurrency is down 89% from the top, Ethereum 76%, Bitcoin 67%.

Imagination has taken hold Tyler Winklevoss and Cameron Winklevoss. The twins are still fired up about bitcoin.

The day ends where it started. Pelosi will not authorize a wall and Trump did not declare an emergency.

Bitcoin is interesting to watch due to its volatility. It's down 25% for the day. Ripple is down 44%.

In 1996 Alan Greenspan, Fed Chair, warned of “irrational exuberance” in the stock market.

Bitcoin is a free market construct. But it is primarily based on faith.

The Bitcoin chart is seriously broken. Support level after support level has given away. Where to from here?

Bitcoin Bust Resumes: Is the Top In?