Post
Topic
Board Economics
Re: Another stimulus bill in line for the US
by
sana54210
on 24/11/2020, 20:18:20 UTC
How many people still think that stimulus checks are the reason bitcoin goes up. Ever since the last stimulus check bitcoin increased 80% after that, how could it be STILL affecting the prices? It is nearly impossible, not nearly, it IS impossible.

However there could be some positives, something such as we are being stuck at the resistance level and fail to go higher because resistance is strong but when people get their checks that could mean between all the buyers we already have and also the new check holders who can use it for bitcoin combined could break it over. That is not a bad help, that is a great help but the timing needs to be perfect, we need to have all the buyers take it to resistance level and right at that moment people to get their checks to go over.