Get my new Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss the ongoing Bitcoin crash, in the context of previous bull market crashes like 2017.

It's important to remember that Bitcoin is a free market:

--No circuit breakers
--No lock limit down
--No Fed emergency meeting
--No shutting down the market
--Trades liquid 24/7/365

Most people say that they are waiting for a pullback, and then don't buy when the pullback actually happens.

$30,000 today is like $3,000 in March 2020.

As the US dollar enters its death throes, we can expect more Bitcoin volatility. Something similar happened to the price of gold as priced in Reichsmark during the Weimar Republic.

Meanwhile, hodling is hard. Make sure that you know what you own, and that you've done your own research. Don't keep checking the Bitcoin price every 5 minutes, especially if your holding period is 10 years.

Not investment advice! Consult a financial advisor.

Bitcoin back to Tesla announcement levels:
https://twitter.com/100trillionUSD/status/1394905135546093569

More Bitcoin China FUD:
https://twitter.com/adam3us/status/1394719291954679817

Bitcoin pullbacks during the 2017 bull market:
https://twitter.com/PrestonPysh/status/1394078691920158721/photo/1

List of major Bitcoin corrections:
https://twitter.com/charliebilello/status/1394269621419749377/photo/1

On-chain metrics do not suggest a Bitcoin top:
https://twitter.com/100trillionUSD/status/1394709269434535937

US dollar will lose its reserve currency status:
https://www.forbes.com/sites/bryanrich/2021/05/11/druckenmiller-says-dollar-will-lose-reserve-currency-status/?sh=346b5972aaef

Crazy gold volatility as priced in Weimar Reichsmark:
https://assets.realclear.com/files/2019/05/1283_Myrmikan.pdf

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Crash
#Cryptocurrency

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