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RE: Bitcoin (BTC) Mid-Day Update: Lower Low Towards $7,638 Likely to Complete B wave of ABC
Very good question. Guys that disagree on it, be aware that a lot of statements are being made right now that we are at the front of THE UPMOST BIGGEST COLLAPSE OF THE WORLDECONOMY!
If this is true, 2008 was a walk in the park compared to the coming one.
A recession most probably. A collapse - not yet. Financial collapses usually occur when nobody expects them and there is plenty of euphoria...like bitcoin in December last year :) Too many people expect a collapse right now..have been expecting it since 2008. On the other hand I agree that it is worth it keeping an eye on the world economy, the trade wars, and especially the unstable EU banks.