⸺ Obituary · May 20, 2022 ⸺

“The Crypto Bubble is Bursting – Open Your Eyes And Spot the Ugly Naked Truth”

Morning Porridge

Bill Blain

“It’s terribly clever, but a pointless, busted bubble.”

Price at death

$29,156

Today

$61,577

Resurrection

×2.1

On 2022-05-20, Bill Blain (Market Strategist, Shard Capital) declared Bitcoin dead via Morning Porridge. Bitcoin was trading at ~$29,156 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on May 20, 2022, when one Bitcoin traded for approximately $29,156. Since then, Bitcoin has appreciated by 2.1× relative to the price on the day Morning Porridge pronounced it finished.

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← Earlier death

“Colapso Das Criptomoedas Expõe O Vazio De Promessa Libertária (Cryptocurrency Collapse Exposes Void Of Libertarian Promise)”

Later death →

“Crypto Assets Are ‘Worth Nothing,’ Says Ecb’S Christine Lagarde”

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