$10,000 Bitcoin: Is it a Bubble?


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Bitcoin is $100 away from $10,000 as I write this. This make it a perfect time to start thinking about if this is an asset bubble or not and how it is similar to previous types of bubbles. Let me go through the market psychology during this time and how it is following the typical cycles like clockwork. I certainly believe it is in an extremely elevated level of danger right now which is specially true for some of those that tell me they went ALL IN to bitcoin against all the warnings I advised. While I will not bet against Bitcoing going up higher forever, I will slowly dollar cost average out just to cement some of my gains thus far.

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