XSO 0.62% 3,004.6 s&p/asx small ordinaries

The Brains Trust - 2021, page-758

  1. 1,572 Posts.
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    I think BTC is experiencing a Wiley E Coyote moment (where he runs off the edge of the cliff and his legs are still running and he starts to slow and then as he stops he looks down and realises the inevitable). It's not so much that supply is overwhelming demand, although there are some elements of that, it's more that demand is drying up. There's still demand there and it's quite determined, but the quantity of bullish traders looks to be evaporating. Once supply realises this, there will be a rush for the exits.
 
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