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Why #crypto# in general and #BTC# at the price level of 17-20k in particular, I have analyzed that it will rise, will rise, and will rise to the sky even more ( you can look back at your analysis history nhé ).
Illustrate it for better understanding.
There are 4 inflation-catching jars of the USD.
1. Gold
2. Food (food and beverages, raw materials for creating food in their raw form...)
3. Crypto
4. Raw materials, solid fuels (oil, coal....).
These vases are connected.
According to the traditional market, inflation will pour into the gold reservoir causing gold to rise to the sky. That is why gold is considered the best absorber of inflation currently and it is still performing its role very well. When the gold reservoir is full of inflation, the valve will be opened and inflation will flow into the remaining reservoirs causing the price of gold to decrease.
The question now is which coin will rise to the sky more, which will be more beneficial?
1. If food prices rise to the sky, it will affect food security. To put it bluntly, it will lead to riots due to hunger. This is not good at all.
2. If the raw materials and fuels rise in price, then accompanying it is the economic recovery ( with demand ). However, if prices rise without buyers ( and there is no demand ), then this becomes meaningless. One way to create demand is to point guns at each other (, like the U.S. and Russia, the Middle East...).
So to put it relatively, to avoid the inflation balloon in gold from exploding, it will open the valve to the other balloons, and the largest balloon will be the one containing crypto.
Why crypto?
1. The market is not recognized. This means that if there is a pump and dump, there will be no one to protect you.
2. Easy to manipulate prices, pump and dump. Easy to attract liquidity.
3. Easier to recover money faster than traditional markets (capital recovery).
Warning: The content of this article is personal opinion and is not intended to solicit investment. Be cautious with your own decisions!
You can ask me questions by clicking on the link I pinned on my profile.
#giapduclong # crypto# #forex # index #stock # trader #trading # signal $btc #bitcoin