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Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

bitcoin flattens out in a recession, because liquidity dries up, because business profit prospects are lower

i still think 200k is on the table, because we haven't seen how much print they are gonna do yet, but i think within 4 months we will see a change

i think they are counting on the idea of optimism coming from "peace in ukraine and some kind of placation with china" as china will adjust and push their people to set up operations in USA to dodge the tarriffs, it's already happening, it just takes a season or so for it to start showing in the public listed company ledgers

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ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 10mo ago

oh yeah i forgot, also, placation due to a semi-reasonable settlement to stop the genocide in israel, we still are waiting for the responses from the muslim nations on this

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Sovereign Being 10mo ago

Yup, a lot of moving parts and possibilities on the horizon for sure.

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