Financial commentator Peter Chef Reducing it The last gatherings in Bitcoin, on the pretext that the leading cryptocurrency is not “rising”.
This comes after some members of the Schiffs encryption community faced being frighteningly quiet after the latest BTC price increased.
Earlier this week, the Bitcoin price managed to restore $ 105,000 before seeing a moderate correction amid a broader sale of “Safe Haven” like gold.
On Tuesday, Bitcoin Bulls regained some land, with the largest encrypted currency that excels at the highest level during the day 104,836 dollars.
The cryptocurrency is only 3.8 % from reaching a lifelong.
“The consequences of canceling the vanishing”
It is worth noting that Bitcoin’s recovery coincided with the return on the US Treasury note for 10 years to about 4.5 %.
According to Chef, this can be explained as a sign of confidence erosion in the US dollar.
“Despite the commercial truce, the world loses confidence in the dollar and our ability to obtain our financial house in order. The consequences of canceling the vanish will be deep,” Chef warned in a post on social media.
