Re: The reasons Bitcoin price increases 10K$ in the short term
1. Increased geopolitical uncertainty could spur Bitcoin
2. Bitcoin is like a hedge against negative interest rates
3. Central banks print unlimited money
4. Bitcoin đang trở thành hệ thống thanh toán
5. The Bitcoin derivatives market is flashing a bottom indicator
6. On-chain activity is still bullish
Do you think Bitcoin price will reach $ 10K in June?
2. Bitcoin is like a hedge against negative interest rates
3. Central banks print unlimited money
4. Bitcoin đang trở thành hệ thống thanh toán
5. The Bitcoin derivatives market is flashing a bottom indicator
6. On-chain activity is still bullish
Do you think Bitcoin price will reach $ 10K in June?
What do you mean by "increased geopolitical uncertainty"?There's a "new cold war" between USA and China,but that was pretty much expected.
Most of the points in your list about central banks and money printing are a thing for the last years,so I don't think that they are a factor in the recent BTC price pump.
I couldn't care less about the Bitcoin derivatives markets.
Yeah,the Bitcoin price can reach 10K USD in June.Last year,Bitcoin was pretty bullish around May-June,it peaked around July 10 at 12,9K USD and started a bearish move towards 10K USD and below.
For some reason,June is a bullish month for Bitcoin.
