None of these indicators look good.
We keep breaking supports. People are still complacent and not believing Bitcoin could crash which ultimately means the price is going further down still....
The Fed hasn't even stopped buying bonds yet...let that sink in. They are going to sell bonds, let alone halting their current purchases. Just that is deflating bitcoin. What happens when real rates rise?
What happens when real estate prices decrease?
What happens when Russia hits Ukraine next?
Don't be complacent. Look at the monthly log chart.
There's absolutely no reason why Bitcoin can't be $300 in 2-3 years.
We keep breaking supports. People are still complacent and not believing Bitcoin could crash which ultimately means the price is going further down still....
The Fed hasn't even stopped buying bonds yet...let that sink in. They are going to sell bonds, let alone halting their current purchases. Just that is deflating bitcoin. What happens when real rates rise?
What happens when real estate prices decrease?
What happens when Russia hits Ukraine next?
Don't be complacent. Look at the monthly log chart.
There's absolutely no reason why Bitcoin can't be $300 in 2-3 years.
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