TAPER WHAT? #ECB balance sheet keeps rising despite rampant inflation. Total assets have risen by another €14.7bn in the past week to hit fresh ATH at €8,457bn. ECB balance sheet now equal to 81.2% of Eurozone GDP vs Fed's 37.4%, BoE's 42%, BoJ's 134.6%.
@bigmagicdao Molly said if you dont pump bitcoin to 98k by end of next week, she is going to beat the shit out of u,you better think about it. @100trillionUSD
Reserve Risk indicates a strong conviction of long-term holders at these price levels.
The current risk/reward ratio to invest and hodl is still attractive compared to previous $BTC cycle tops.
Current level: 0.008
Precious tops: > 0.02
#Bitcoin
Chart: https://t.co/Pr4VA4QrXX