The fear of an imminent rise in inflation is starting to plague investors in US equities, and could launch Bitcoin as the main shield from inflation trends.
US equity investors are on the hunt for a shield against inflation, and the latest market movements suggest that Bitcoin could soon become the main destination for capital seeking shelter.
Source: https://www.money.it/Bitcoin-sfida-Oro-nuovo-scudo-anti-inflazione?fonte=leggi-anche&articolo=105870
Meanwhile, let's see how to behave with Bitcoin.
To me the daily chart appears set for an uptrend (this is just my opinion, I'm not a financial advisor). This is confirmed by the moving average at 200 and the moving average at 40.
a descent towards mm40 (red) represents for me a moment to increase purchases.
The Stochastic should also confirm this.
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The quotation is in euros
Thanks for reading and let me know your idea in the comments.
