Over the past two weeks, rates have declined dramatically purportedly due to fears of a recession. Friday’s move was particularly stunning for the scale of the move and for the degree of intraday volatility. I put forth here a theory of what is going on:
🚨 🚨 🚨 ULTIMA HORA 🚨 🚨 🚨
En medio del mercado bajista o bear market 🐻📉, el presidente de El Salvador 🇸🇻 (@PresidenciaSV), @nayibbukele, anuncio la compra de 80 #BTC a un precio de 19,000 dólares 💰
#ElSalvador#Bitcoin#BearMarket
https://t.co/qkZPBhLbYM