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1956: If 2020 Cycle Repeats Bitcoin Will Drop to $60K Before Rising 10x to $600K

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Manage episode 475717636 series 2835096
Content provided by Justin Verrengia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Verrengia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

"5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in the rebound from the crisis as we printed money. If Bitcoin now falls 45% from the top and then goes up 10x in a similar timeframe that would be a $600,000 Bitcoin in late 2026." - Luke Broyles

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1424 episodes

Artwork
iconShare
 
Manage episode 475717636 series 2835096
Content provided by Justin Verrengia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Verrengia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

"5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in the rebound from the crisis as we printed money. If Bitcoin now falls 45% from the top and then goes up 10x in a similar timeframe that would be a $600,000 Bitcoin in late 2026." - Luke Broyles

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1424 episodes

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