American Consequences - July 2017

BITCOIN’S PRICE EXPLOSION IS A MANIA

We’ve seen this move in Bitcoin before... Get out while you can.

I

nvestors are watching in awe as bitcoin takes off exponentially yet again... bought bitcoin at $200 a few years back. It is one of the best trades in the history of Global Macro Investor , if not THE best trade... But today, I’m warning investors to stay away. Bitcoin, and cryptocurrencies in general, are exhibiting all the classic signs of a blow-off top. In fact, I sold all my bitcoins a few weeks ago...

32 | July 2017

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