Why BTC will have an extreme upward correction
Governments around the world have just announced MASSIVE stimulus packages to their economies. The global markets response has been spectacular - in the downward direction.
Interest rates are already at Zero. There are no more levers to pull. Printing presses are gonna roll and when the hyperinflation hits people will realize they don’t need to hoard toilet paper anymore - they can just use their fiat bills.
The fundamentals of scarcity have not changed.
What will be there as a safe haven when people realize what a shitshow their governments are?
Bitcoin.
Submitted March 16, 2020 at 04:39PM by Findep18 https://ift.tt/2x2SDlO
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