During the dizzying heights of bitcoin mass delusion, our Demography analyst Neil Howe issued a non-consensus call:
Sell it.
He caught a lot of flack for it at the time. Bitcoin was trading over $16,000. Days later, it hit its all-time high north of $19,000.
It's fallen over 83% since he made the call to around $3255 today.
Below is an excerpt from his call.
For more information on how you can access Neil Howe's institutional research email sales@hedgeye.com.
