axelrodd

Alt season is about to begin, inflation 2.0 pre 80s stagflation

BITSTAMP:BTCUSD   Bitcoin
Watchout for inflation 2.0 as the markets remain irrational longer than retail can stay solvent highly addicted on debt and leverage.

If we follow the first wave of inflation around September 2020, Bitcoin is doing a massive cup and handle just like Gold and Silver now.

Alts will follow. While Bitcoin ranges, Alts will explode starting June as QE restarts, may continue in July and August until September end followed by a big bloody correction.

Will the party continue until Bitcoin is 200k mid December?

May have to see US election debates and results.

Will Bitcoin's 4th cycle continue until next year till it hits 240k? Not likely, the party could be interrupted by a sudden rate hike.

Multiple rate hikes you mean? Everyone's expecting a rate cut.

If inflation spirals out of control with a historic come back like a strong 80s style tsunami, you can bet the fed will pump the dollar and interest rates will moon, those include mortage rates of course.
However, see the newspapers back in the 80s, If I were I wouldn't expect property prices to go down at all. Biden is an 80s guy and this seems to be a climate change agenda to reduce the middle class.

Welcome to 2030, I own nothing have no privacy and we will all eat ze bugs farmed by Bayer/Monsanto.

Humans don't apply anymore if AI continues moving as fast as it is. Say hello to UBI available for the chipped that decide to live inside the smart and connected cities.
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