Greg, you had earlier correctly expressed the opinion that a decline in bitcoin would be accompanied by a decline in the stock market. You might be interested to know that only a few days ago, several U.S. banks, including Citibank, JP Morgan, Bank of America, and Capital One, started blocking attempts to purchase bitcoin with credit cards that they'd issued. Similarly, several British banks recently started doing the same, only in the last few days. A Coindesk article suggests that the banks fear credit card users will run up debt by trying to use the cards to buy cryptos as their prices drop. What do you think of the idea that maybe the banks and the powers-that-be just want to keep money that's from flowing out of stocks from flowing into cryptocurrencies, as well as into gold and silver? As if instituting futures trading for bitcoin weren't enough, the banks are now severely restricting the use of fiat money to purchase cryptocurrency. Kind of feels like we're all being herded into some big corral. Sigh.
RE: SPECIAL REPORT: Stock Market Meltdown? Flash-crash? No. This Is What Happened. By Gregory Mannarino