Video Description
Bitcoin just posted its highest close in four months, up nearly $20,000 in 20 days, and triggered one of the largest short liquidation cascades crypto has ever seen. Fed Governor Waller leaning toward holding rates sent it to $82K, then Friday's jobs report blew up the script: 162,000 jobs added against expectations of 55,000, which strips away the Fed's best excuse not to hike on September 16th. Add a sovereign wealth fund talking about cutting Treasury holdings, Blackstone gating withdrawals from its credit fund, and Mohamed El-Erian warning the bond selloff isn't over, and you get a currency war where everyone from China to Japan to Europe is scrambling and the dollar keeps winning anyway. The Porkopolis power law model's Q90 band puts Bitcoin at $800K within two years. This isn't...
📊 Why This Matters
This video from Simply Bitcoin provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.
💡 What You Should Know
About This Source: Youtube Simply Bitcoin is tracked by Crypto-Headlines to provide you with timely updates from trusted voices in the cryptocurrency community.
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