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I think what happened with Bitcoin/Crypto, it used to be...

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Jrowl1

2,707 Posts.

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15/02/24

18:03

Post #: 72429727
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Originally posted by Bruno81: ↑

Cryptos going up again, really surprised that’s what’s going up with the higher interest rates, it’s like anything real commodities etc their keeping a lit on it to help bring inflation down but they can pump cryptos because that won’t feed into inflation, still so much money out there trying make money.

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I think what happened with Bitcoin/Crypto, it used to be correlated with Tech/Nasdaq and then it wasn't and was dumped but with Nvidia and the others shooting to the moon, investors have changed their mind and it's correlated again with them now and it's playing catch up. With the gains in the AI, bitcoin could go above it's ATH.

Last edited by Jrowl1: 15/02/24

XJO Value at posting: 7,605.7
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0 Great analysis

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