is bitcoin overprices
this is not an investmenting advice
i think Bitcoin's current over valued, due to its speculative nature and lack of intrinsic value, driven more by hype and internet culture than fundamental economics. Its extreme volatility attracts the crazy money (hedge funds) and speculative investors, who thrive on the potential for high returns despite the risks. The recent global economic contraction contrasts sharply with the US economy's relative growth (fed lowring intrest rate, infaltion going down, stock market positive reaction), leading to a shift in investment focus. As international markets shrink such as chine, and when the inside is growing (US) the outside is shrinking (rest of the world), investors are pulling out of riskier assets like Bitcoin, seeking stability elsewhere or traditional equities. This shift might cause Bitcoin's price to plummet, reflecting broader market trends and investor sentiment rather than its long-term viability. The cryptocurrency's sensitivity to macroeconomic changes further underscores its status as a volatile asset, making it a playground for speculative "crazy money" rather than a stable investment.
i think Bitcoin's current over valued, due to its speculative nature and lack of intrinsic value, driven more by hype and internet culture than fundamental economics. Its extreme volatility attracts the crazy money (hedge funds) and speculative investors, who thrive on the potential for high returns despite the risks. The recent global economic contraction contrasts sharply with the US economy's relative growth (fed lowring intrest rate, infaltion going down, stock market positive reaction), leading to a shift in investment focus. As international markets shrink such as chine, and when the inside is growing (US) the outside is shrinking (rest of the world), investors are pulling out of riskier assets like Bitcoin, seeking stability elsewhere or traditional equities. This shift might cause Bitcoin's price to plummet, reflecting broader market trends and investor sentiment rather than its long-term viability. The cryptocurrency's sensitivity to macroeconomic changes further underscores its status as a volatile asset, making it a playground for speculative "crazy money" rather than a stable investment.
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