Oddbean new post about login | logout FWIW (not much)... Regarding #bitcoin price action... Based on past cycles and current liquidity conditions... I am giving each of the next 14 months (from September 2024 through October 2025) approximately a 67% chance of being a green monthly candle in US dollar terms. It's all speculative nonsense, of course. But it's fun to imagine what could happen over the next 4-5 quarters. 🐂
Assuming they don't set of a Nuke somewhere to create a crisis big enough to print the 20 trillion they need, yeah probably. I'm not sure they will let it get that far. Their backs are against the wall now and they are going to break the emergency glass if they need to. What will bitcoin do in the event of WW3, I dunno. I guess it depends on if the thing is big enough to destroy human civilization or not. If not, probably good for Bitcoin long term.
You were spot on with bullcrab thesis so I’m gonna have full faith in you and remortgage my house. YOLO!
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Never individual advice! 🍻
you're no longer a bull crab? Is it something more than Michael Jackson's birthday?
