If the interest rate hikes stop, there will not be unlimited water release like in the past 20 years - but fiat currency will always be inflationary.


So, if there is no restless large amount of hot money outside the market in the next few years, the expected bull market will still have to continue to speculate on the narrative.
But whether it is DeFi, GameFi or MEME, they are all temporarily stalled.
There is only one narrative that can make Bitcoin possible to reach $300,000, and that is ETFs.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
CommonPeopleInTheCurvip
· 2023-10-06 05:55
Fiat currency will have retaliatory inflation, wait and see
View OriginalReply0
  • Pin