Bitcoin is facing a fundamentally adverse environment, something that often goes unnoticed by the average investor or those with little research in this area, who, by the time they notice it, it is already too late.
🇺🇸 Unrealized losses of US banks:
7 times greater than during the 2008 financial crisis.
The recent 50 bps reduction by the FED is a shock measure to mitigate the challenges on the economic horizon.
Bitcoin is in a vulnerable position.
It only takes the next inflation, GDP or unemployment reports to be negative for deeper and longer-lasting falls to be consolidated.
