Triangular Tragedy: Interest Bitcoin Ebbs As It Heads For 6k
Tim Knight | Jun 24, 2018 01:23AM ET
Six thousand dollars. That’s the only figure the entire crypto world has to keep in mind. Break it, Bitcoin, and it’s the end of the world. You can practically hear the snare drums in the background.
If you want a real-life example of what happens when support breaks, look no farther than LiteCoin, which has already met this fate.
Of course, the entire crypto space is *SO* six months ago. In my entire life, I have never received so many well-intended emails from friends and readers encouraging me to ditch stocks forever and hop on board the crypto train. I came within a hair’s breadth of doing so, but I didn’t. Just look at Google Trends to see how “over” the world is with respect to crypto:
Of course, I know EXACTLY how this feels:
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