For what it's worth, I do not believe the reason why BTCUSD is up, is because we're seeing a flight-to-safety effect. I believe we are seeing the result of the market believing there's going to be lower rates now, and betting on the Fed pulling back from the tightening cycle. If you want to see this very clearly, just look at bitcoin's correlation to the NASDAQ today.
This move is pure speculation IMHO.
Please Login to reply.
Do you think there will be another dip this week? Got more shekels to invest.
It’s a casino so either go all-in at any price you like, or just DCA if you’re undecided. 🤷♂️
I think this is controlled demolition.
