BITCOIN- Time to Rise on Inflation data
Consumer Price Index report is due in a few hours (13:30 London) and the price of Bitcoin could very likely find some fundamental ground to rise further to new All Time Highs.
Since the 60k psychological level has been mastered (we kinda got use to the price being over 60,000$) the price could start an exploration of higher grounds.
Bitcoin or Gold?
Let's see what 'Gold people' have to say:
Two leading authorities on the precious metal unpack the inflation hedge battle
''“I think it is quite possible for these two assets to coexist quite happily in the market because they do completely different jobs,” George Milling-Stanley, chief gold strategist at State Street’s SPDR ETFs, told CNBC’s “ETF Edge” on Monday.''
Our opinion:
Bitcoin beats Gold in many aspects: digital, no cost of storage, not manipulated as much, limited supply.
FXPROFESSOR votes for Bitcoin. It might explode again, today.
Let's Go Bitcoin!
Since the 60k psychological level has been mastered (we kinda got use to the price being over 60,000$) the price could start an exploration of higher grounds.
Bitcoin or Gold?
Let's see what 'Gold people' have to say:
Two leading authorities on the precious metal unpack the inflation hedge battle
''“I think it is quite possible for these two assets to coexist quite happily in the market because they do completely different jobs,” George Milling-Stanley, chief gold strategist at State Street’s SPDR ETFs, told CNBC’s “ETF Edge” on Monday.''
Our opinion:
Bitcoin beats Gold in many aspects: digital, no cost of storage, not manipulated as much, limited supply.
FXPROFESSOR votes for Bitcoin. It might explode again, today.
Let's Go Bitcoin!
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