ByDHTaylor

With BTC, Keep watching for sideways action until after election

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin - $BTC - the side action may be the norm for the next 2-3 weeks until the election is out of the way. But, the government is set to add in another $1.7T in new money. This will push inflation levels. This is the very reason that Bitcoin - #BTC $BTC - was created. Because of that, I am looking for a long-term push with any new stimulus and investors looking for safer waters for their currency. The currency will continue to move higher relative the the USD simply because there is a finite amount of BTC whereas there is an infinite amount of USD about to be created via money creation and loans.
Where will price stability be achieved?
Will there ever be a balance?
BTCUSD

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