The author says that the digital currency should hold around $40,000.
We've had a great run in asset prices. You can see that the company became a trillion dollars. Apple had a big reversal after touching three trillion. Three trillion dollar stock is flying. Thirty eight times earnings. Nothing is cheap. The Fed printing money non-stop has been part of the valuation story. He decided he had to act like a central bank teller. We've had bad Fed policy. They should have stopped a long time ago. They should have raised rates a long time ago. We're going to get to that now. We'll learn more tomorrow. The year is over. People are selling things. Everyone I talked to is nervous. If you look at the Apple chart, it looks like it could easily go another 70 percent. It looks like it's broken. These are the things that are holding the market back. The things are breaking down and we already saw it in the highs. It trades a lot. It doesn't bother me. People are getting ready to invest in the space because I see it everywhere I go. We did the short term. I think we can have a messy equity market for the rest of the year and possibly the first part of the first quarter. I think it goes down. What do you say next? What's the entry point for you? I think that the level ofBitcoin 42000 should be low. 40S should hold. The year started at 30. There has been a lot of change in this space. Two of the biggest pools of capital are starting to get into mining for the digital currency. We raised 500 million dollars. You saw the New York dig. Over 30 billion has gone into venture. The space is getting a lot of money. It would make no sense for the prices to go below that. We went from being a last class to a classic class. I think there was a lot of froth. Right. The stock market went crazy. I believe in the NFTE architecture and that lots of these entities are going to retain value, but there are lots that won't. People have to pay tax at the end of the year. A lot of people are buying real estate. There is a lot of new homeowners financing their homes through the use ofcryptocurrencies. You're seeing indigestion. If you're long, it's probably healthy. It's probably healthy, but it feels painful. I think we'll have a really exciting kind of future development next year. Has these businesses built out?
