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Crypto Total Market Cap, $
Long
Jul 1, 2024
I don't like BTC, but it's probably going to $200k+
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Folks that know me know that I don't trust crypto. I don't understand or fully believe its "use" case bull hypothesis.
But I do believe we are in the early innings of a generational bull market for inflation.
In my mind BTC is simply another risk asset and as such an "inflation hedge" or "fiat decline hedge".
In that regard I may have underestimated the ability of BTC to trade higher in the years ahead. Potentially A LOT higher. I'm talking 200k+.
I don't like it but you trade what you see without bias whenever possible. Don't @ me.
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