The Investment Thread
I actually have brought this topic up multiple times in this thread, but every major crypto coincides with strong price movement on the heavily-shorted securities. In fact, the huge crypto pump starting in late Dec of 2020/early Jan 2021 coincided with the whole "short squeeze" phenomenon.
I just don't believe in the product and think it's a clever way for big banks to take donations from retail. It may not have always been the case, but I feel that's what it has turned into.
I am not shocked that Bitcoin is going into the mid 20s just as it seems like the AMC and Gamestops of the world are starting their surges from recent lows, similar to last year's sequence of events around this time.