Friday, April 19, 2024
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Bitcoin Targets $20K against Fed and ECB’s Savage QE Policies

Bitcoin bulls eye a $20,000 yearly close against the Federal Reserve and the European Central Bank’s expansionary policies.Dan Morehead, the CEO of Pantera Capital, noted that the bitcoin market is already outperforming other assets since the Fed launched an unlimited bond-buying program in March 2020.With ECB following a similar quantitative

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Real Correlation? Bitcoin Price Pumps Follow US Fed QE Money Printing

Bitcoin (BTC) price bull markets coincide with one specific macroeconomic trend — and the next may now be around the corner.In a Twitter debate on April 18, PlanB, the vocal analyst who created Bitcoin’s stock-to-flow price model, argued that the cryptocurrency benefitted from money printing.BTC waits as “QE infinity” passes

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The Sell-Off Annihilated the Narrative That QE Is Bitcoin Rocket Fuel

Social media influencers made people believe that quantitative easing is bullish for bitcoin. The recent selloff obliterated this narrative. HODLers now rely on the halving and the stock to flow ratio to ignite a bull market. Over the last few months, social media influencers on Twitter peddled that quantitative easing (QE) is bitcoin’s

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