RE: Phoebus U are Clever and thank you to all22 Feb 2021 11:42
Thanks. Glad my input is of help. We seem to have stalled a bit today, which is probably down to BTC's slight pullback. If we get a bit of consolidation in BTC it's a good thing especially after such a big move across the sector. Looking at the BTC stock to flow chart I'm still expecting BTC to peak for this cycle some time in Q3 or Q4 taking the whole crypto sector up with it. If however BTC's mainstream acceptance continues to widen as it appears to be doing, with more corporations putting it on their balance sheet, financial institutions integrating it into their systems and retailers taking it in payment, then we might be heading for more of a higher plateau and less of a cyclical market in crypto asset prices.