BINANCE:BTCUSDT   Bitcoin / TetherUS
Given the poor performance of the U.S. economy, high inflation, and recession expectations, it can be predicted that the U.S. economy will face high uncertainty. Now the U.S. government has few tools to deal with this economic crisis. Raising interest rates to suppress inflation, in fact, the US government has not played a big role in raising interest rates this year. If it continues to increase interest rate hikes, it should still be the same result, and it will have no effect. But raising interest rates too fast, too big, and too fast will cause the U.S. economy to quickly fall into recession. At that time, it will be doomed, and it will be impossible to extricate itself into deflation, which is the most hated and helpless by all governments. In this way, investments in the whole market should fall, and digital currencies are no exception, so I started to become a new dead short from a dead long, and continued to use the fixed investment strategy I used before, adding 0.1 bitcoin without rising $500. Take profit when it returns to around 18500. This kind of risk is very small, and it is also very suitable for investors like me who do not have enough funds.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.