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Bitcoin Data Dump (Patreon)

Published:
2023-06-14 21:28:11
Imported:
2023-06

Content

The price of Bitcoin continued to decline on June 14, 2023, reaching its lowest level since March 17, 2023. The cryptocurrency is now down more than 63% from its all-time high of $67,802.30, which was reached in November 2021.

There are a number of factors that have contributed to the decline in the price of Bitcoin, including:

The SEC - should actually boost BTC

The FED - fear they will hike again in the future. I think it is one and done. Too much financial chaos out there already - unless they want to push CBDC by breaking everything. 

Rising inflation: Inflation has made investors less willing to take on risk, as they are worried about the impact of inflation on their portfolios.

Regulatory concerns: Regulators around the world are increasingly scrutinizing the cryptocurrency industry, which has led to some investors selling off their Bitcoin holdings.

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Comments

Anonymous

SPIKE I’ll have what you’re drinking !

Anonymous

Net net, buy?

Anonymous
>>110744583

If you were already looking for a good entry, this would probably be considered a good level to layer in a bit. Until things ramp up elsewhere in the world for crypto such as in China I think buying pressure is going to be kinda light for a while. Next 12 - 18 months are going to be interesting times.

Anonymous

Easy decision, just keep staking and sniping. It's all noise 😁

Anonymous

Bergson Not true. Trump and his son already stated they are pro Crypto

Anonymous

When antipated outcome varies from logical conclusion then one must question whether or not the outcome was influenced by unanticipated factors( ie manipulation). Bingo!!

Anonymous

SSDD, call it a black swan I guess. I think we need to adjust our thinking to the reality that black swan is our baseline and a price rally back to ATH would be the actual anomaly!

Anonymous

"Powell Says Nearly All Officials Expect ‘Some’ Further Fed Hikes" Is this the cause?

Anonymous

Tesla way up... Bitcoin way down 🤔

Anonymous

Just to whom it may concern a quick summary of Powells speech yesterday Powell Have already made up a lot, but the full impact has yet to be seen. Only with inflation under control can a sustainably strong labor market be achieved Almost all members see further increases Labor market remains very "tight," argues for rising incomes. Housing activity remains weak Some signs of a better balance between supply and demand in the labor market Labor demand substantially exceeds labor supply Inflation remains well above target. Continued strong commitment to bring inflation down. Bringing inflation to 2% will still have a long way to go Inflation has moderated somewhat Inflation expectations appear to be well anchored Conditions we need to contain inflation are occurring now, including lower growth and labor shortages. Pay close attention to the housing market When it comes to interest rate cuts, we're talking a few years off

Anonymous

ChatGPT posts 😩

Anonymous

Let’s get whole

Anonymous

Recently attended a national blockchain event and the FUD is going to be non existent by 2025. Safe savings time