The long-awaited approval of a Bitcoin exchange-traded fund (ETF) in late 2023 undoubtedly marked a turning point for the cryptocurrency. However, with this institutional influx, concerns regarding increased market manipulation have also surfaced. Let's delve into whether these concerns hold water and what the future might hold for Bitcoin's volatility. Pre-ETF...
I am definitely not going to win any popularity competitions with my comments and thoughts. But that's not the point when it comes to making money. The main issue for me still in Crypto Land is the lack of realism. The image on the front cover was from a google search of "realism" I guess the confused face made my day. This is exactly how you need to be looking...
A lot of people see a Bitcoin pullback, a drop or a red candle as a negative thing. Clearly this is lack of experience, lack of understanding and only ever seeing re-assurance of the one bias they can comprehend. Many people believe my posts to be negative or anti Bitcoin - you could not be more wrong, as a very early holder, I simply don't care - up down or...
The chart says it all. 3 trillion increase in balance sheet in 2 or 3 months... Party will go on as long as the long-term interest rate remains low... Distortion - The massive rally has been partially fueled by $l8 trillion worth of fiscal and central bank stimulus. Short-term lending rate cut to near zero and long-term interest rates dropped to near all...