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SpawnyXBT
Nov 18, 2021 12:46 PM
Bitcoin - The inflation MEME
COINBASE:BTCUSD
1D
Bitcoin / United States Dollar
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Description
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Nov 18, 2021 12:46 PM
While inflation was announced at the rate of 6.9% next day #Bitcoin starts to drop down to 15%.
Did you hedged that day against inflation?
Trade closed manually
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Dec 16, 2021 10:48 AM
Comment
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Dec 16, 2021 10:48 AM
Holiday is coming so I am TPing here.
Fundamental Analysis
Beyond Technical Analysis
BTCUSD
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BTC
Comments
RoxVen89
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Nov 18, 2021 1:09 PM
Inflation caused iterest rates growth pressure. BTC last few months bull run is driven by credit not savings. If markets knows that FED will rise rates, BTC has to fall.
ypearson
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Nov 18, 2021 4:09 PM
maybe the inflation premium is already priced into Bitcoin
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