What are the probabilities that we get a credit event between now and the September Fed meeting?
Bitcoin needs a catalyst that spikes demand to move out of this trading range and above 100K.
I’m starting to think it’s more likely that this catalyst will be a breakage in the traditional financial system (ex: bank failures), rather than positive news for Bitcoin. Something that forces people into Bitcoin, as a flee to safety.
#fed #economics #investing #bitcoin
learnaboutbit / Learn About Bit
npub12h…d9cgq
2024-08-01 19:38:53
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgqPublished at
2024-08-01 19:38:53Event JSON
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