I like to check out publications like #Forbes from time to time to see the general take on #Bitcoin since I am pretty lost in the weeds these days and want to know what they feed the average person

The narrative seems that #BTC has been crushed by several frauds like Luna and FTX and now with higher for longer interest rates, people don't need to be risk on so they're not putting their money into Bitcoin (as a risk asset)

While companies in the space are finding it harder to operate, raise capital, and expand their user base

Sure sounds like music to my ears, I remember staking at those nosebleed prices of 58-70k thinking what a mountain it is to climb

I am enjoying the below 30k, Long may it last.

https://www.forbes.com/sites/digital-assets/2023/09/23/bitcoins-fed-nightmare-is-suddenly-coming-true/

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Gonna go lower for a while I reckon, but I can't say when and of course I'm only speculating.

The real story is that the US 30 year bond yield is now above 4.5%, whereas a couple of years ago it was under 2%. Combine that with the fact that Bitcoin still sits above its 200 week moving average despite this.