Never trust an economist with phd because he knews not very much about economics especially on the theory of money. Central banks are privately owned banks and have been created to steal money from the people in different ways. One is inflation. Therefore no economist with phd does understand inflation. They have very weird theories about inflation and none of them are true. So why can I say that bitcoin is going down for the next weeks ? As I understand real economics without phd. The bitcoin has a six months cycle since years but this is too difficult for phds.