Post by: newshunter on September 14, 2022, 01:00:49 AM
Bitcoin bulls are now attacking the “final” major resistance cluster below $25,000, on-chain data shows.
Source: Bitcoin battles whales above $22K as BTC price faces US CPI data (https://cointelegraph.com/news/bitcoin-battles-whales-above-22k-as-btc-price-faces-us-cpi-data)
Would appreciate your opinion about this
Post by: TomPluz on September 14, 2022, 05:08:42 AM
Sadly, many people are getting discouraged to see Bitcoin not really playing its perceived anti-inflation feature because as the unexpected inflation numbers are getting the value of Bitcoin is also declining. I am just hoping that this coupling is very temporary...that eventually will go against the tide in this downturn economy of the USA.