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This is what rocket fuel for Bitcoin looks like...

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jrcornel
79
2 months agoBusy

Bitcoin has some serious macro tailwinds.

If 2018 provided a difficult macro backdrop for bitcoin, 2019 is proving to be the exact opposite.

Right now we have 4 things on the table that weren't there in 2018:

  • Possible Interest Rate Cuts
  • Possibly QE restarted
  • Trade Wars
  • Bitcoin Block Reward Halving (within a year)

Those things are like rocket fuel for the price of bitcoin and even better, none of them have to do with Facebook!

(Source: https://commercetools.com/blog/2019/04/01/mach-architecture-for-the-future-of-commerce.html)

We are in a very bullish macro environment for bitcoin, one that will be buoyed by the things mentioned above.

Until that environment changes, bitcoin will find it hard to pull back for long.

Stay informed my friends.

-Doc

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