Another ramp and camp as Dave Collum called it on @TFTC There is zero price discovery in any market, including #bitcoin . It’s all just different inflows of global credit liquidity moving to diversified portfolios. The whole thing is so ridiculous.
Everyone is so bearish and high time preference it is insane. People that have lived through 75% drops are all of the sudden demanding blow off tops and think we are never going higher. Enjoy the foreplay everyone and chill out.