Since 2011, Global liquidity has been increasing, and the similarity of BTC price is very high. Well, someone said the BTC price is not related to BTC halvings. They said it's associated with global liquidity such as global debts.
Today, the Fed decided to pause the Federal Funds Rate, and they might increase the interest rate at the end of this year. High interest rates could burden the economy.
So, if the next recession is emerging us in the near future, their monetary policy will be changed. The QE(Quantitative Easing) will be started again. If so, it will be good news for BTC.
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Ofcourse I concur with you based on the growth over the years. Please kindly follow
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https://steemit.com/h4lab/@h4lab.event/h4lab-event
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