simonjajames on Nostr: The chart below shows the impact of rate cuts on the price of #bitcoin during the ...
The chart below shows the impact of rate cuts on the price of #bitcoin during the last two cycles:
With low interest rates (~1.5%) in 2017, #BTC price sky-rocketed to a then all-time high of $17,000.
Soon afterwards, as Rates were increased, the price per began to fall
Are you paying attention?
#nostr #grownostr #stackingsats #satoshis
Published at
2024-08-31 06:45:42Event JSON
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"content": "The chart below shows the impact of rate cuts on the price of #bitcoin during the last two cycles: \n\nWith low interest rates (~1.5%) in 2017, #BTC price sky-rocketed to a then all-time high of $17,000. \nSoon afterwards, as Rates were increased, the price per began to fall\n\nAre you paying attention?\n\n#nostr #grownostr #stackingsats #satoshis https://image.nostr.build/92e2c65d7ab9be34551cb089ad9f2ae38b2b023973ee19538496ef92afd64776.jpg ",
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