RE: Grayscale GBTC Premium Collapsed
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Could an event like that trigger the collapse of the mega bubble in the last quarter of this year?
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Once a Mega-Bubble gets thin enough anything can pop it.
A thin bubble will burst due to sheer profit taking, for sure. But the bursting is usually associated with a narrative, at least after the fact.
I think the most likely such narrative is a statement made by someone in the government that makes investors nervous and sucks the air out of any hope left that the price could still go up or something like that.
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