Bitcoin Crashes On Inflation News! [More Pain Coming?]

 

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Bitcoin crashes on inflation news, will crypto fall more? [Crypto News]
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Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

Bitcoin Crashes On Inflation News! [More Pain Coming?]

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32 comments

  1. But we shouldn’t see Bitcoin under 20k again right? (excluding the quick wick below 20k today)

  2. Bitcoin is officially a play thing of Wall Street. It’s level of correlation to stonks would make saToshi nakamoto roll over in his grave. You might as well buy a nasdaq 3x etf

  3. You’re looking at wrong inflation number, that caused the dump its CORE inflation everyone is looking at. Its inflation, minus food and utilities, it rose up higher. Shows inflation is actually increasing, not reducing.
    Oil in Europe is more expensive than the USA, because USA is releasing their reserve supply (war supply) into the system, increasing the USA supply, which dropped the price. But USA can’t keep doing this as war is a possibility.
    So the inflation you are looking at, shows everything increased and oil fell, but as soon as USA don’t push their oil price down(close reserves) their inflation number shoot up crazy high if you look at the true oil price (Europe and rest of world, and replace it with the fake oil price (inflated supply) american government flooded the usa market with, the inflation number is 10%+ inflation.

  4. So you saying everyone is broke cause they spending their money on goods instead of investing in products like shares and crypto? And because people are not working there is less money going into pension funds that invest into shares.

  5. Bitcoin is a great hedge against inflation they said. Instantly drops 10% when the news of inflation data is revealed.

  6. every one freaked because of the CORE inflation which is really the indicator that sent everything down. probably pain to at least next report

  7. The problem is that the majority doesn’t understand this. That’s why it drops. People are handling/trading Bitcoin like tech stocks.

  8. 90% of people don’t want to hold it for 2-5-10 years and they sell it whenever they’re fearful. And only those 10% of remaining people will make 2-5-10x from these levels after some time. No FUD, time is not against us!

  9. Pre-2021: Buy crypto, it is the next gold, hedge against volatility.
    2021: Buy crypto, it is going to the moon
    2022: Buy crypto, because……

  10. Lark I’m surprised considering you do this wealth master crap you don’t seem to know much. CPI if it is positive it’s bullish for DXY and negative for stocks. Inflation will be up next month don’t worry energy going up also DXY is heading to 1.19-1.20 it could top out around that area but for now no bull run this year or next year maybe last quarter of next year we start to come out of the Bear market

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