Look at this 2-year Weekly chart of Volume (bottom) v Price Action. Forget what Asset this is.
This is an Asset that is Dislocating.
Dislocating assets break. Always. With unanticipated results.
But we don’t know WHAT will break. The stresses within have ripple-effects without. And those stresses are intertwined through SO many things when viewing the free-est global-market asset the human race has ever known, however small but scrappy.
Yes, Bitcoin is tiny, so far as harbingers go. But Gold is not, and Gold is likely the tsunami that has been sucking out the water from the beach right now, if you view the Volume chart as the place where the earth meets the ocean of money.
Bitcoin’s time is to shine is not yet. Likely another one to two years. So DCA accordingly and don’t swing for fences.
