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IMO BTC's first dip from 60k to 30k in 2021 was caused by China's mining ban. The second dip from 60k to 30k in 2021 was caused by inflation combined with possible rate hikes & QE ending. Currently the odds of rate hikes & QE ending seem low..

Binance

Cryptocoins Exchanges / Binance 119 Views

IMO BTC's first dip from 60k to 30k in 2021 was caused by China's mining ban. The second dip from 60k to 30k in 2021 was caused by inflation combined with possible rate hikes & QE ending. Currently the odds of rate hikes & QE ending seem low.. submitted by /u/Nasty_slutX
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