Bitcoin Will Drop 94% in the Next Year

And there’s nothing you or Elon Musk can do about it

Malky McEwan
5 min readJun 19, 2021
The future of cryptocurrency photo
The future of cryptocurrency Photo by Alesia Kozik from Pexels

It’s pump and dump, and you’re going to come down on your rump with a bump

According to bestselling author Harry Dent, who is adamant Bitcoin is in for a rough ride over the next year. Dent predicted all markets would crash in April, it didn’t come. He changed it to June and people are beginning to wonder if he is now right.

His argument is fairly compelling. Some would counter-argue that if you predict doom and gloom for long enough, you will eventually be right. The worrying thing is he has to be right sometimes.

The baby boom generation caused the greatest growth wave in the history of the world. Are we now entering the baby bust generation?

Harry Dent is a cycle guy

He’s a Harvard MBA with experience working for Fortune 500 companies. He is convinced the reason we have non-stop money printing is to offset the decline of the baby boom generation.

He scolds US monetary policy as the worst policies ever. And he is convinced central bankers are going to be destroyed by:

  1. Blockchain technology.
  2. Being the dumbest asses in…

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Malky McEwan

Born storyteller. Born curious. Fascinated with what makes people tick and how the world works. https://malkymcewan.medium.com/subscribe