My problem with Bitcoin $BTC today vs Nasdaq '99 bubble chart in 3 pictures... chart 1: This is the chart that has been circulating and given negative headlines, scare people..
But $BTC also looks like Japan stocks in '72 (Topix)... in fact, identical...
But '72 for Topix (Japan) was not a top, Topix rose another 16 years and total gain was 400X (over a generation)... Crypto, in my view, is more like Emerging Markets and Bitcoin is akin to Japan... Bottom line: Nasdaq bubble '99 is not only chart bitcoin resembles...
