I'm sure everyone is aware of the technicals - BTC/USD has just broken a key technical area and is poised to move higher.
Regardless of the technicals though, the fundamentals all point to a stronger bitcoin as the comical monetary and fiscal approach to Covid19 by central banks and their government counterparts around the world has been predictably inflationary. The current ongoings simply provide the best advertisement for Bitcoin.
The reactionary price corrections across global markets exposed how fragile a global debt-based fiat monetary system is, and central banks have now overplayed their only card. Bitcoin doesn't solve everything but it offers an antidote to much of this madness.
Regardless of the technicals though, the fundamentals all point to a stronger bitcoin as the comical monetary and fiscal approach to Covid19 by central banks and their government counterparts around the world has been predictably inflationary. The current ongoings simply provide the best advertisement for Bitcoin.
The reactionary price corrections across global markets exposed how fragile a global debt-based fiat monetary system is, and central banks have now overplayed their only card. Bitcoin doesn't solve everything but it offers an antidote to much of this madness.