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RE: BTC - Look for a bounce this week

in #bitcoin6 years ago

Yea, there does seem to be some correlation with easy money policies and bitcoin prices, at least since 2016 to now anyways.

Bitcoin is just about the furthest right on the risky-asset spectrum. Meaning that when money is 'easy' it does well.

In times of rising interest rates people tend to shy away from risky assets.

Therefore, easy money policies which are good for stock and other risky assets are good for bitcoin as well.