The author discusses the potential for a market crash in the US due to the uncertain policy plans of President Trump and the increasing value of BRICS nations' currencies. They mention that crashes are a natural part of economic activity and highlight a recent losing streak in the Dow. Despite this, the stock market has experienced a prolonged bull market and all-time highs in 2024. The author suggests that a "mother of all bubbles" may pop, but the Federal Reserve could prevent this by injecting liquidity and slashing interest rates. They also mention the increasing US government debt and the potential for higher interest rates. The author wonders what would happen to Bitcoin in such a scenario, drawing parallels to the COVID-19 crash in which Bitcoin rebounded ahead of other assets. They suggest that Bitcoin could fall but rebound, potentially reaching high prices of $500,000 to $1,000,000. The author is a blockchain developer and the chief technology officer of Komodo Platform.
Content Editor ( crypto.news )
- 2025-02-04
Will Bitcoin survive the coming financial collapse? | Opinion
