The person in charge of restocking the pizza dough at *every* Trader Joe's today got a lesson in Bitcoin history... in a bear market, 2023. Most of the pizza restaurants in the country had a cashier who got a lesson in Bitcoin history today... in a bear market. base_layer++
@akarve If in a one year from now, we get a recession and Fed drops rates, then those assets will catch-up to par!
This is all a game of confidence. Just mere existence of this program will render it under-utilized.
But the bill for ZIRP will come due - in a drawn out fashion.
Likely going to correct first, but 20 is the new floor. My prediction is upper 20s before end of month, top out and back down to here again by end of first week of April. #bakerprediction (current price is $24,184)
@akarve Maybe they mean "Corporate greed causes inflation" because **somebody** turned on the money printer when we weren't looking, *they* did it, those lobbyists.(?)
We are about to enter a mini-bear market. Hodlers and newbs beware. Set some buy orders around 20k and walk away—that’s where the rocket to 60k takes off. #bakerprediction
And the manipulator(s) will own way more BTC at the bottom. A whole new large-party actor will be suspected as the instigator and the crypto community will largely agree whodunnit. #bakerprediction