BITCOIN - Updated Chart

19 мая 2022 г.

It looks like we shouldn't have a day off again since the rebound was halted in a brutal way and new worries arise in the name of 'Stagflation'.

''The Global Markets are worried and a new sell-off is in play which makes things difficult for Bitcoin as well.

Ben Bernanke Sees ‘Stagflation’ Ahead :
The former chairman of the Federal Reserve has a new book out on Tuesday explaining the powers of the Fed and Congress to juice or slow our economy amid a supply-chain crunch and sky-high demand.

He is hopeful that Jay Powell, the current Federal Reserve chairman, can help tame inflation without having to put in place the extreme measures that the former Fed chairman Paul Volcker did in the 1970s or send the economy into recession.''

Situation is critical again. Let's see how it unfolds.

One Love,

the FXPROFESSOR