SLP332 Vijay Boyapati - The Bearish Case for Bitcoin
Stephan Livera Podcast
00:00
Is the Mount Gox Trust Triggering the Two Thousand 17 Bear Market?
A good case can be made that the mount gox trust may have triggered the two thousand 17 bear market, i think some people have argued. That's the perfect time if you want to unload supply, is the mania phase of any bull market. You don't want to do the dumping a bear market because there's so little liquidity. But when the window of demand is huge, you can squeeze a huge amount of supply into it. Andn micro strategy accumulated that much at 29 thousands or 30 thousand. So maybe that's the clearing price, ah, which would be a big drop, right?
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