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After the FED announcement and coming inflation needless to say, the stock market started on a selling trend, of course this is affecting the crypto market (temporarily) right now, to short term. Remember that large institutions invest in BTC and use it as a long-term hedge against inflation. The current high and low BTC range, being in a consolidation phase, is low at 31K and high at 41k. Bitcoin (BTC) is not owned or controlled by any government, but is a digital ledger program, offering a 24/7 global financial technology payment solution.
FIAT ECONOMY- (US Dollar) The reported inflation rate reached @ 8.3% on May 21, the highest rates since 1982. US debt is -28 TILLION today. Over the past 20 years, the inflation rate has been stable at 2 -3%. The higher the inflation, the higher the price of goods and services. Housing, cars, food, groceries … Some believe, however, that we will have another recession, due to quantitative easing by the Federal Reserve and an interest rate close to 0%. rates, we haven’t even seen a real recovery since the last recession, 2007-2011. In addition, income levels have not changed in direct proportion to price increases over the past decade, mainly housing costs, as the main benchmark. The demand is high as people keep buying goods because the inflationary writing is on the wall. This overbought led to additional issues causing prices to rise, such as supply / inventory shortages of automobiles, housing, building materials, gasoline and meat, to name a few- a few. With this bloated economy, the continued rise in the prices of goods and services is intended to cover the enormous now irreversible debt of the US dollar. High demand and low supply = price increases = inflation = dollar devaluation = MORE dollars needed for purchasing power
CRYPTO ECONOMY – (Digital Currency) – High demand and limited supply = Increased crypto prices = Increased value for the future. As the dollar weakens, we have a reliable back-up digital economy bracing for a brisk, 24/7 digital finance with $ 1.6 trillion in excess market capitalization today. hui. Digital assets, such as cryptocurrency, have the ability to be split up due to the use of digits in their digital value. So in the future you will need LESS cryptocurrency for purchasing power. 1,000 Satoshi = $ 0.40062657 = 0.00001000 BTC. 10,000,000 Satoshi = 0.1,000,000 Bitcoin. 100,000,000 Satoshis = 1.0000000 Bitcoin Every time you buy BTC, you have bought Satoshis. So, are you already stacking Satoshis? We’re just getting started. Are we going to see a snowball effect as El Salvador announces Bitcoin as a legal offer and many Miami condo developers now accept Bitcoin? Will Panama, Costa Rica and Colombia follow suit and start accepting BTC in their market? After all, it offers the potential for financial inclusion to many business owners, especially with dollar inflation.
However, if you are more concerned with the short term, stock or crypto markets, rather than the long term, then here is: we are in a consolidation phase and are narrowing the range to determine the direction: if BTC drops below 34 , 5K, so this time it looks like Crypto will drop further, into the “Point of Maximum Financial Opportunity (see chart below). Remember that institutional purchases always occur at this price point, which in the graph is yellow, moving If we go up to 36.5K then maybe we are already at a low and could see a rise towards the 40s If you see we go down below 34 , 5K and you’re not ready to lose funds, pause your trading, and watch the market, until we see an uptrend again. … I’m not a day trader, I am a hodler .. I realize that this ba 50-60% isse is a bit heartbreaking for many to start, especially when the crypto is high. Experiencing this kind of loss is not good for anyone unless you are playing with the profits. If not, and you have assessed your risk tolerance and have sat on the edge of your seat, wondering what to do with your investments, it might be wise to put your funds (which you don’t can not lose) wisely, to purchase goods and services that can become inflated, which you will need with the upcoming dollar economic climate. Invest in accepting Bitcoin in your business or implementing blockchain as an automated workflow solution, until we see the rising economic trend ahead of mass adoption. The timing is uncertain, and it is certainly NOT a quick fix at this time, but remember, with its limited supply, BTC is deflationary, the dollar is inflationary ….
Interested in Attending a Blockchain 100 Course? – This is a 12 hour class, held Wednesdays at 3:00 p.m. PST / 6:00 p.m. EST. You will receive a Blockchain Foundation certificate offered through GBA (Government Blockchain Association, and the certificate is registered on the Blockchain.) Register here for July: July: 7, 14, 21, 28: https://bit.ly/3rxUbKYArticle written and course led by Lori Souza, MBA / BSIT Blockchain / Economics / Real Estate / Crypto Educator / Advisor
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