Bitcoin hits 1M on October 11th 2022
Updated
Investors are anticipating a 2023 unstoppable hyperinflation, I've been comparing Apple, Amazon and a few other stocks and though there are many similar almost identical fractals, Bitcoin is bitcoin and the world IS facing a possible hyperinflationary event in 2023. The big question is, will 1970s strategies work this time to stop inflation? or will it accelerate? Will life go back to normal after the pandemic? if it ever ends? will people trust banks and governments like they have for the past 3 years? Let's really think this through, what happened in 1922 and 1923? With all that cultural war, roaring innovations and people going back to festivals really wanting to embracing life again, Elon Musk could be right about the roaring 20s coming our way. If Bitcoin is programmed to pump we could be in for a big surprise as total2 looks bottomed out today, xrp.d dominance looks more and more like that time it bottomed out and a few other good institutional alts which have never met a new all time high look primed to explode sometime around March, April. If this is like 2008, Bitcoin would go to as low as 12k most likely, but big what if, what if this isn't over, what if it's just preparing for the big one? Too soon to tell, but I would definitely be on the lookout, as it could be historic not to mention crazy dystopianly scary.
Note
My 38300 bid got hit! That's just nuts!!
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