Operation chokepoint is underway, it has already caused a big ruckus but basically the various US agencies have been ordered to disrupt crypto in the name of protecting it. Thats as far as i understand.
Then there is jerome powell who is aggresively raising rates and causing a defacto depression, money supply M2 is also shrinking which is unprecedented.
Then you have a Bitcoin halving on top of this, which is going to cut miner revnues in half pretty much and alot of them might switch off their equipment. This will also be unprecented.
I mean i hate to say it, but it looks like the perfect storm for Bitcoin volatility.
Then there is jerome powell who is aggresively raising rates and causing a defacto depression, money supply M2 is also shrinking which is unprecedented.
Then you have a Bitcoin halving on top of this, which is going to cut miner revnues in half pretty much and alot of them might switch off their equipment. This will also be unprecented.
I mean i hate to say it, but it looks like the perfect storm for Bitcoin volatility.
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