Bitcoin Searches For A Bottom...And A New Narrative | Weekly Round Up
Supply Shock
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The Birthday Boy in the Shorts
Look at the amount of tech stocks until you sense their IPO that are now flat or down. I was just again talking on Twitter with a guy about this the other day. He says, yeah, but if you're down 90, I don't think you're viable. And here's a crazy stat, NASDAQ, which is down what, 33, 34, you know, date? Still trading at 33 times. And it ain't growing. Netflix unit, I mean revenue growth is the lowest in their history. 6%. So why would you pay 22 times for something growing 6%? You wouldn't. The nonsense stuff of the hype machine people, I think is gonna reach epic
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