Fed fears make buying opportunity.

High interest rates are not good for the economy. This makes the dollar stronger and borrowing more difficult. However, the federal government is determined to run huge deficits and print no matter the interest rate. In the long term, high interest rates expedites the dollar’s demise. If people were rational, the high interest rates would increase the value of Bitcoin in dollar terms unless you buy Bitcoin on credit; in the long run. High interest rates only compensate for Congress’s irresponsible spending. If Congress balances a budget then I’ll be concerned for Bitcoin’s efficacy . Also, if I lived in Lebonon, Argentina or Turkey then Bitcoin would be more attractive. Bitcoin’s main competition is US bonds which are losing popularity. Idk. I’m just thinking and walking my doodle.