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Bitcoin
Long
May 5, 2022
Bitcoin Trading Range Tests support line for the Fifth Time.
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High Inflation, Hundred of Billions flooding out of Equity Markets, Hundred of Billions withdrawn from Bonds and 25% NASDAQ sell off.
Where will this money go?!?
>>> Bond yields have a 5% negative yield.
>>> Equities are in peak fear - Tech Companies with rapid growth and 20s P/E ratios are dropping >5% per trading day.
>>> Bitcoin the only none inflationary currency?
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