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/biz/ - Business & Finance

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51082598 No.51082598 [Reply] [Original]

How exactly does this reach $69k again if the Fed isn't able to run the money printers anymore?

>> No.51082621

The money printer is always going

>> No.51082624

Last Fed hike will be September and then they will start printing again in 2023

>> No.51082628

HODL culture and supply shock in next halving alone will do a lot. Just wait til the halving

>> No.51082637

>>51082598
>he thinks the btc price rose because of inflation
>not because of mining difficulty
>not because of 21 million

cringe, fuck off back to plebbit

>> No.51082653

>>51082628
we know for a fact that there is ne real demand for this now double topped ponzi scheme.

it only pumped because degenerates like Celsius, Do Kwon, 3AC, Saylor and many other exchanges were max bidding with borrowed money

>> No.51082670

>>51082637
it rose because of leverage and ponzi economics in the biggest bubble in fincancial history. it is unironically dead this time for real

>> No.51082673

>>51082653
Then there’s no demand for any other assets either...

>> No.51082699

yeah

>> No.51082715

>>51082673
nobody was leverage max bidding other stuff like the crypto degenerates (all broke now btw)

so unless you build a new team that max bids this double topped ponzi with leveraged borrowed money, then it might perhaps trade decades around 10k

if not then it will be back under 800$ where it belongs

>> No.51082734

>>51082598
>How exactly does this reach $69k again if the Fed isn't able to run the money printers anymore?
with this Biden just restarted the bullrun https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/24/fact-sheet-president-biden-announces-student-loan-relief-for-borrowers-who-need-it-most/