Bitcoin Is In A Massive Bubble

David Rosenberg is the chief economist and strategist at Rosenberg Research & Associates and told Bloomberg this past week that Bitcoin is in a massive bubble because investors don't understand the supply constraint dynamics as it pertains to the protocol. He goes on to state once the 21 million bitcoins are mined, what if the protocol prints more.

In the video I shoot down his thesis both fundamentally and technically.

NOTE: my next target is $30,000 for bitcoin

https://markets.businessinsider.com/currencies/news/bitcoin-price-bubble-david-rosenberg-supply-mining-cryptocurrency-outlook-record-high-2020-12-1029903485

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