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RE: DEAD AHEAD: Temporary Loss of Confidence©
Yes, regulation could be the "bogeyman" or an IRS crack down maybe. The down spike following the up spike will need a narrative of some sort to flame the panic.
Brings to mind the 'money laundering and terrorist financing ' act that was just proposed a month or two ago. As long as the mainstream media is controlled by monied interests it will be difficult to have an honest mainstream view of cryptos. I'm watching for the next preplanned 'great crisis' to be used to undermine faith in BTC