Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Franctoshi
on 29/05/2022, 06:45:10 UTC
The elevated long leverage mixed with the overhanging ETH locked in 2.0 and the mtgox coins are still keeping this market down.


Not at all , Rather Fed interest rate increase and geopolitical tensions.

Fed clearly printing 40% more money than was in circulation in the first place was a little too much and now they're really struggling to take it off the blansheet

So there are two things they can't change,

1.The can't change the global supply problem for hydrocarbons which has been upon call it a decade of bad policy  and

2.They can't change the price of foods, so we're going to see the prices of foods and energy much higher over the next year.