Regardless of what one thinks about cryptos or their biggest player known as Bitcoin™, one thing is for sure: The experts that call themselves such and will charge you handsomely for their “insight” seem to be not all that “expert” when you look at their recent track records.
I am on record, stated it as much and made it way, way, way back in the beginning of this year with my “on the record” call. As many readers and listeners of my show are well aware – I have not changed it one iota, regardless of what has been transpiring.
To also reiterate (for those that are new): I am also one of the only one’s to correctly call the initial fall and call the actual year end valuation (using close enough for horseshoes analogies) when all the so-called “experts” were not even close, but worse, were so incorrect that many seemed to vanish, only to reappear when they believed the worst was over. Hint: it wasn’t and may be not even close.
I have put up an updated “picture” as the say in “The Valley” and made a few notations that I feel show precisely who may have been the one that had an actual clue about what he was arguing, and those that had none. But that’s for you to decide, as it always is.
Here is the “family album” as it has progressed since my initial observation at the beginning (May) of this year. To wit:
So with that said, here’s that updated chart as of this writing. To wit:
Could this “market” suddenly reverse and go to the stratosphere? Of course, no one knows for sure. But if someone tells you that they do? Don’t just walk, but run. And fast!
And for those of you that didn’t follow such from any of the above? You have my condolences.
But then again…
What do I know.
© 2019 Mark St.Cyr