Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
boumalo
on 18/07/2021, 03:14:42 UTC
From 60K+ to now, I though it was going down, and it did. Now, it is resisting so much and it's so hard to make it go down sub 20K$ that I am turning bullish. I am close to capitulating so maybe it is actually a bearish sign and it will end up going down.

If there are terrible economic news and a credit crunch, it will go down.

The non transitory inflation will get worse in the US and the FED is likely to keep kicking the can down the road to save time and the system rather than to fight it but if it does fight inflation with huge interest rates, it will be ugly and a blood bath. Make your bets.