1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

heisenburrr

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Death sentence for spec assets, not for the economy. Rise in rates tempers inflation, and we’re not talking about the 10 year yield going to 5% or some shyt, it’d be modest.

It’d actually be healthy for the overall economy and Yellen + other fed presidents have already alluded to increasing rates earlier than anticipated.

The stock market crashing is not good for the economy no matter how you want to twist it. Especially when everyone and their mother poured all their savings into it over the last year and a half.

Any substantial raise would totally crater things back to March 2020 levels.

It'd be a liquidity black hole
 

lib123

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that chart literally shows we were going lower on the path to an upwards move so idk what point you’re trying to make :mjlol:

Like I replied to someone else, I misunderstood and thought that chart was showing the overall crypto market cap. Where do you predict Bitcoin will bottom out? I still believe $10-15K.
 
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