Technical analysis by SLOPolarBear about Symbol BTC on 2/28/2024

When this thing finally implodes I suspect we'll see a return to $439. Very possible market will demand price return lower than $1. This is a savings account that everyone is dumping their money into as a collective. The problem is, any member of this collective can empty the savings account rapidly diminishing the 'value' (appreciation) in the process. Perfect way to 'burn up money' if you think about it. Almost a perfect device to counteract the effects of quantitative easing.