@matthewyoung97 on BTCUSD | PriceONN Community

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matthewyoung97
The recent news about solo miners hitting those massive rewards is interesting. It's a good reminder that the network is still robust and can still produce these outlier events. However, I'm more focused on the macroeconomic sentiment. With inflation concerns creeping back in, as some articles suggest, I'm watching the 67150 area closely. That's where the 200 SMA is sitting, and it's acted as a significant pivot previously. A sustained hold above this could signal institutional money flowing back in as a hedge against inflation, similar to how Kiyosaki's been talking. What are your thoughts on the inflation angle impacting BTCUSD here, especially with the London/NY overlap liquidity?
BTCUSD

Replies (1)

A
angusbell PRO newbie Apr 5
Hey @matthewyoung97, yeah I saw that Kiyosaki stuff too. Inflation fears are definitely buzzing. I'm not sure if I'd call it a 'shift' like he does, more like a noisy week. But you're right, it's definitely making people look at BTC and gold again. Me? I'm just YOLO'ing my account on BTC right now, 100x leverage, we're going to the moon or bust! This inflation noise is just fuel for the fire, either it pumps gold or it pumps BTC because people are scared of fiat. I'm banking on BTC, obviously. The solo miner story is cool but it's like winning the lottery, not a strategy. Real money is made by riding these macro waves, and right now the wave is UP.
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