Uh why is crypto not dumping hard?
>Prices for goods in the U.S. are expected to continue rising through 2023.
>The Federal Reserve waited too long to respond to early signals of inflation, according to independent economists and outside policymakers.
>The central bank is correcting the course by raising its interest rate targets at the fastest pace in more than two decades.
cnbc.com
It's like you're retarded or something?
Don't be stupid. You know as well as everyone with half a brain that BTC follows SPX
No it doesn't
Just accept that the crypto trend is over. People aren’t bright eyed and hopeful for future technology like the were 10 years ago. Now we’re brazil world with demographic collapse and people living in favelas. People rightfully realized they need to focus on keeping their family safe
So what you’re saying is
It’s not bidens fault
This has to do with 1960
It has since the start of chinacoof QE.
this is a new one. now QE was being done by gyna.
fukin white people and their 3% neanderthal dna
na, since late 2017 when cme started its play. btc and eth are just carbon copies of the spx
markets are forward looking, hikes are about to end in the near future and crypto already did its dumping
that's not to say a retest can't happen in the next few months
kek you act like the big players are infallible, they're pricing in way too far ahead. It's desperation and COPE at this point.
1 BTC is still being judged in fiat money. Any idiot can buy crypto and hold it. The problem is that the price has to increase WHILE that person holds it, not BEFORE the person buys it. What's the point in buying a coin that has already mooned? The price has to go up for it to counter inflation and most people are priced out of BTC to even take advantage of its uses.
Kek as if they had those supermarket trolleys in 1929. Talk about gullible, user jeez
>markets are forward looking says redditor repeating whatever he's seen on twitter
It's just a graph with concrete visuals
Crypto is a hedge against inflation and recession.
Stop making sense. Making sense goes against the crypto ethos.
> why isn't it dumping!?
>unelected officials say they've failed at their job but face no consequences
I love both democracy and capitalism
this entire thread is a basedjak meme
also op if this was a potential case then so many new projects wouldn't have been pumping left and right and giving out their roadmaps of release
plus, it's probably because of their popularity of stuff like time raiders that the ETH market atleast is holding
>most people are priced out of BTC
Near infinitely divisible.
1 btc is being judged compared to a basket of goods in picrel, retard.