Can we see Bitcoin climbing back?

2022-01-06

Bitcoin has recently fall heavily early Dec, consolidated, false breakout, consolidate and eventually fall. Bitcoin has followed US10 Yield closely throughout 2020 and recently has fallen even after US10Y has climb to high since Mar 2021.

The recent drop is cause by omicron, closure of cryptocurrency in china and the recent Kazakhstan internet outrage due to political and economy issue. Bitcoin is a best hedging against inflation which rally throughout 2021. With liquidity supply on bitcoin climb, could we see a rally in the near term? $ProShares Bitcoin Strategy ETF(BITO)$

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精彩评论

falleno
2022-01-07
falleno
I regret that I didn't buy any bitcoin when I knew it. At that time, it was only a few dollars each.
waipoin
2022-01-07
waipoin
Wish your dreams come true.
RudolfKennedy
2022-01-07
RudolfKennedy
Bitcoin is a Ponzi scheme. Wake up

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