πππEven though Bitcoin jumped 5% to test the USD 70,000 zone, the rally remains fragile. If oil jumps above the USD 100 mark, the resulting inflationary spike could force the US Federal Reserve to keep interest rates high, eventually pressuring all risk assets.
It remains to be seen whether Bitcoin as Digital Gold narrative can withstand the current volatility in the markets.
But here is the thing about Bitcoin: It always looks the weakest right before it shows its true mettle.
@Daily_Discussion @TigerStars @Tiger_comments @TigerClub @CaptainTiger
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