Bitcoin will sell into discount amid interest rate hikes
Updated
CPI headline inflation come in higher than previous so expect another rate hike.
When the institutions step in with their ETF money expect them to gab all the liquidity from prior month lows to bring price into discount because that it there angle.
prices should come down into these discounted Arrays for buys in line with bitcoin halving this summer or whenever it gets there ( it will eventually)
and don't find it a coincidence that it happened after approval amid interest rate hikes.
When the institutions step in with their ETF money expect them to gab all the liquidity from prior month lows to bring price into discount because that it there angle.
prices should come down into these discounted Arrays for buys in line with bitcoin halving this summer or whenever it gets there ( it will eventually)
and don't find it a coincidence that it happened after approval amid interest rate hikes.
Comment
BTC has rejected my monthly level and finally broke structure to the down side on the daily chart, you will see a pull back into this area and once a lower high is formed prices will continue to decline especially if the fed raises interest rates next week which is the grand moment investors are waiting for.
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