>>60791289 >>60791509
Inflation, printing, interest rates, ... were completely irrelevant to crypto price action before covid.
It's just mass conditioning.
>>60791312
Financial markets are forward looking. Inflation was already priced in. And now the central banks reaction to the inflation is being priced in
>>60791172 (OP)
The whales are just trying to make this a little more fun, like for the third time
at this point I'm even starting to take some based pepe just because this isn't even risky anymore
>>60791525
Because it didn't take as much capital to increase the price, so all the early adopters could easily drive the price up with their risky investments. Now, all that money is used up, or exiting the space.
The only way up now is institutional money and normies, which will behave differently. IE they wont yolo
>>60791172 (OP)
The amount of people that seem unable to understand that BTC has major institutional support now, for better or worse. I doubt we'll ever see anything below 80k, ever again. Instead of flipping Son and other memecoins for fun and profit, bobos will sit back and wait for a black swan that won't arrive because BTC is simply not what it used to be merely four years ago... Can't help but feel a little bad for them. >>60791224
Also, this. Pretty much.