Bitcoin bulls: This is like early 2017
— Moonlight (@g_guzardus) January 11, 2021
*BITCOIN BOUNCE BACK*
Gains after a correction
-> 2017 Bull Market had 9 corrections.
-> 153% average gain after a correction.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) January 12, 2021
On Feb 3 & 4, @MicroStrategy will host Bitcoin for Corporations. Join our officers, industry luminaries & strategic vendors for a free, online, accelerated course in #Bitcoin strategy & tactics to grow your company & create shareholder value.https://t.co/dHYPyWGxbo
— Michael Saylor (@michael_saylor) January 12, 2021
The Grayscale Bitcoin Trust has not reported additional inflows since Christmas (Dec. 25, 2020) due to the holiday season / year end.
When $BTC inflows start coming in, indicating institutional demand, that's when Bitcoin could start to rally upwards again.
Worth observing. pic.twitter.com/0sDfG6YHPV
— Joseph Young (@iamjosephyoung) January 13, 2021
Bitcoin bears: The Bitcoin bubble is about to burst
Watching the cryptos trade, it’s EXACTLY like the internet stock bubble. EXACTLY. I think btc, eth , a few others will be analogous to those that were built during the dot-com era, survived the bubble bursting and thrived, like AMZN, EBay, and Priceline. Many won’t
— Mark Cuban (@mcuban) January 11, 2021
— Jon CC (@JonCCT) January 12, 2021
Investors say foolish things during bubbles. To maintain their delusion and deny a bubble exists, those trapped inside must not only justify an asset's price but rationalize why it’s going much higher. But never has the bubble blabber been more absurd than it is with #Bitcoin.
— Peter Schiff (@PeterSchiff) January 8, 2021