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With so many bad catalyst BTC still holding up

Bitcoin Reddit

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Colonial pipeline pays hackers in BTC. Elon says he will no longer except BTC.

These are crash inducing headlines, but still going strong.

The idea of BTC just screams hedge for inflation. Now that inflation is hitting we are all wondering why we are not seeing a $75,000 BTC.

My theory is, Weak hands are being shaken by fud news and smart money is swooping in for the inflation hedge. Thats why were stagnant at this point

submitted by /u/Jobra521
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