Trader University answers the age-old question, is bitcoin dead?
In this video, I discuss the ongoing crash in Bitcoin, and whether anything has changed. All of the fundamentals are still intact, and we are still tracking the stock to flow model price quite nicely. Bitcoin rewards low time preference, long-term investors/hodlers. If you use leverage, or don’t really understand Bitcoin, you will be liquidated by the exchange, or you will panic out. At this point, nothing can stop Bitcoin’s long-term trajectory. The moon is pre-programmed.
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