Bitcoin |A Big Speculation That Whales Can Fill Their Pockets
Bitcoin |A Big Speculation That Whales Can Fill Their Pockets
During the previous week, we saw the price of Bitcoin move lower.
Many traders that are focused only in cryptos may think that this was related only to the
speculations only on the crypto market.
Indeed happened completely the opposite.
All the three markets Stocks, Crypto, and Forex were affected by this crash.
After the FED increase the interest rates USD began to decrease in value.
That happened because everything was priced in advance as the market already knows that all
the central banks are increasing the interest rates to support the economies and help them with the inflation rate.
But, what happened the next day? Everything was in red.
“Bitcoin Falls to Two-Month Lows as Wall Street Panics about Threat of a Recession”
Wall Street and all the other news agencies are doing this by purpose in my personal opinion.
The U.S is having an inflation rate that is at an all-time high. It reached levels seen 40 years ago.
This crisis is not happening only now as many countries are in this situation for some months now.
So…Is all this just a big speculation that whales fill their pockets and to buy Bitcoin at a very cheap price?
They want bitcoin to help them as an asset that may help them against inflation .
However, this is only my personal opinion.
If you don’t like it, don’t take it in consideration:)
Thank you and Good Luck!

