BTC’s price soared above a key resistance cluster but its market structure, technical analysis and market structure suggest that this move is just another trap.
Three Bitcoin trading patterns suggest that BTC’s rebound up to $24K may be a ‘fakeout.
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The Musk-Saylor Inflation Debate: Crypto vs. Physical
Rising inflation is threatening to further eat up the purchasing power the global fiat ecosystem. This makes it imperative that we find the right hedge against a declining economy, especially for the general population around the globe.
Elon Musk , Tesla CEO, asked about the likely inflation rate in the next few years to gauge global investors’ perceptions. American billionaire and MicroStrategy CEO Michael J. Saylor shared his views on the subject. He stated that with rising inflation, the capital cash flow would shift away from traditional fiat to more scarce assets like Bitcoin ( TTC).
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