Don't worry, Bitcoin will go parabolic too
More Than an Inflation Hedge
"In May, billionaire hedge fund manager Paul Tudor Jones of Tudor Investment Corp. announced in a letter to investors that his fund is buying bitcoin futures as a hedge against “The Great Monetary Inflation.” In his letter, he argued that the $3.9 trillion (6.6 percent of global GDP) printed by central banks since February has the potential to trigger widespread inflation, once the global economy rebounds from the shocks caused by COVID-19".
- nasdaq.com/articles/bitcoin:-more-than-an-inflation-hedge-2020-07-14
Breif PPO Explanation
"When the PPO is above zero that helps indicate an uptrend, as the short-term EMA is above the longer-term EMA,
The indicator generates a buy signal when the PPO line crosses above the signal line from below".
- Investopedia (investopedia.com/terms/p/ppo.asp)
PPO Indicator by everget
"In May, billionaire hedge fund manager Paul Tudor Jones of Tudor Investment Corp. announced in a letter to investors that his fund is buying bitcoin futures as a hedge against “The Great Monetary Inflation.” In his letter, he argued that the $3.9 trillion (6.6 percent of global GDP) printed by central banks since February has the potential to trigger widespread inflation, once the global economy rebounds from the shocks caused by COVID-19".
- nasdaq.com/articles/bitcoin:-more-than-an-inflation-hedge-2020-07-14
Breif PPO Explanation
"When the PPO is above zero that helps indicate an uptrend, as the short-term EMA is above the longer-term EMA,
The indicator generates a buy signal when the PPO line crosses above the signal line from below".
- Investopedia (investopedia.com/terms/p/ppo.asp)
PPO Indicator by everget
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