US will see new 'inflation spike' — 5 things to know in Bitcoin this week

His comments came alongside a modest shift upward for Bitcoin, which passed $16,700 for the first time in several days.They were echoed by popular trader and analyst Pentoshi, who likewiseBTC/USD annotated chart. Source: Pentoshi/ Twitter“Expecting all these levels to be reached in 2-3 months,” Twitter commentary confirmed on Jan. 1.

The results of Fed policy have been clear to see for 2022 stock market performance, with the S&P 500 for example finishing the year 1,000 points below many of the most popular estimates. “Markets: DXY on the verge of breaking down again, 10yr yields reaching resistance, WTI crude rebounded to resistance, gold paused at resistance, stocks treading water,” Callum Thomas, founder and head of research at macro research house Top Down Charts,Difficulty due to drop amid grim hash rate dataBitcoin’s upcoming difficulty adjustment due Jan. 3 will wipe out gains made two weeks prior in a sign that miners remain under pressure over BTC price performance.

As Cointelegraph reported, Bitcoin’s public mining companies also continue to feel the strain, with Core Scientific getting a provisionalAs volatility stays absent from Bitcoin for weeks on end, there is understandably little impetus to sell among hodlers.

Btc diamond hands

FACT Ok yeah, but I only use ChiefraFba for signals and analysis

The situation is complex for the average hodler, who is watching for macro triggers courtesy of the United States Federal Reserve and economic policy impact on dollar strength.

Nice article from 'Suberg'

We can't be talking about a BTC recovery when the governments aren't done attacking crypto. Either they demolish it or they bend it to their will and tax it to death. This period calls for patience. Too many uncertainties.

According to those “traders” BTC should start jumping January 1st ?! Give it time, i expect market to start recovering this year because nobody want to wait anymore for Halving of 2024 everyone want to get in earlier then that.

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