Given the dearth of money being created at the moment, the whole purpose of BTC was to have a mechanism that could not be over inflated by a government. There's a huge spike in the amount of money being created with the stimulus packages. The balance weighs towards BTC doing its job and heading higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.