RE: Bitcoin Price likely to be affected as US pumps trillions to economy.

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Bitcoin Price likely to be affected as US pumps trillions to economy.

in hive-175254 •  4 years ago  (edited)

Dear @iampz

It's me again. Just had a time to read your post fully and calmly.

ps.
I also am expecting that part of those printed money will find it's way to other asset classes. And some of it will end up in crypto. Since this market is small and volumes are very low - it wouldn't take much to bring new wave of hype.

I also think that most investors have similar expectations, and this will reduce selling pressus. Simply because people are expecting heavy inflation and expecting that BTC can only go up.

Upvoted already :)
Yours, Piotr

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Well, nothing can be said about printed money whether it will be find way to assets or will end up in crypto.
You said it correct, people are expecting BTC to go up but again who knows what actually can happen.
Thanks.