Market Mayhem and Calling the Bitcoin Price Bottom
View This Video On YouTube or RumbleListen To The Episode Here: In this episode of the “Fed Watch” podcast, Christian Keroles and I, along with the livestream team, talk about macro developments appropriate to bitcoin.(Source)Lastly, for this area, we looked at the bitcoin chart with quantitative easing (QE) and quantitative tightening (QT) outlined. As you can see, in the era with “No QE,” from 2015 to 2019, bitcoin experienced a 6,000% bull market. Bitcoin Price Analysis The rest of the episode is talking about the existing bitcoin price action. Bitcoin hash rate (source)The history of bitcoin drawdowns (source)Recent years have seen shorter, smaller sized rallies and shorter, smaller sized drawdowns.
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As you can see, in the age with “No QE,” from 2015 to 2019, bitcoin experienced a 6,000% bull market. Bitcoin Price Analysis The rest of the episode is talking about the present bitcoin cost action. Bitcoin hash rate (source)The history of bitcoin drawdowns (source)Recent years have seen much shorter, smaller rallies and shorter, smaller sized drawdowns.
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