Bitcoin - a Project of the Federal Reserve? Conspiracy time
The Bitcoin cycles are determined by halving - we all know this. It happens every 4 years, just like drum roll = U.S. presidential elections.
Let's start with history.
The Great Financial Crisis of 2007-2008 turned the global economy upside down, making everyone realize that the system needed a change.
The Fed began to sharply lower the U.S. interest rate (a lower rate = cheaper loans, money and mortgages become more accessible, and markets start to grow).
Barack Obama became President in November 2008.
The Fed brought the rate to its minimum by December 2008.
Attention!
In January 2009 (one month after the rate was lowered to the minimum and two months after the U.S. elections), the first Bitcoin block was mined.
When was the first Bitcoin halving?
In November 2012, right after Barack Obama's re-election.
Bull run!
When was the second Bitcoin halving?
In July 2016, Trump was elected in November.
Bitcoin with its halving started to outpace the presidential elections because the hash rate increased and attention to Bitcoin grew.
Bull run!
The gap between the halving and the elections became roughly 4 months.
When was the third Bitcoin halving?
In May 2020, Biden was elected in November.
The gap between the halving and the elections became 6 months.
When was the fourth Bitcoin halving?
In April 2024, a new president will be elected in November 2024.
The gap between the halving and the elections will be roughly 7 months.
Is Bitcoin a project of the U.S. government?
Are they hedging in it, realizing that the dollar will eventually come to an end?
I don’t have answers to all these questions. I’m just looking at the charts, reading smart books, and sharing this madness with you.
Let's start with history.
The Great Financial Crisis of 2007-2008 turned the global economy upside down, making everyone realize that the system needed a change.
The Fed began to sharply lower the U.S. interest rate (a lower rate = cheaper loans, money and mortgages become more accessible, and markets start to grow).
Barack Obama became President in November 2008.
The Fed brought the rate to its minimum by December 2008.
Attention!
In January 2009 (one month after the rate was lowered to the minimum and two months after the U.S. elections), the first Bitcoin block was mined.
When was the first Bitcoin halving?
In November 2012, right after Barack Obama's re-election.
Bull run!
When was the second Bitcoin halving?
In July 2016, Trump was elected in November.
Bitcoin with its halving started to outpace the presidential elections because the hash rate increased and attention to Bitcoin grew.
Bull run!
The gap between the halving and the elections became roughly 4 months.
When was the third Bitcoin halving?
In May 2020, Biden was elected in November.
The gap between the halving and the elections became 6 months.
When was the fourth Bitcoin halving?
In April 2024, a new president will be elected in November 2024.
The gap between the halving and the elections will be roughly 7 months.
Is Bitcoin a project of the U.S. government?
Are they hedging in it, realizing that the dollar will eventually come to an end?
I don’t have answers to all these questions. I’m just looking at the charts, reading smart books, and sharing this madness with you.
Мой Телеграм-канал, в котором я веду аналитику:
t.me/+OfGGRKKvqCtlOTYy
Торгую с самыми низкими комиссиями в рынке на MEXC:
mexc.com/register?inviteCode=mexc-1guDM
t.me/+OfGGRKKvqCtlOTYy
Торгую с самыми низкими комиссиями в рынке на MEXC:
mexc.com/register?inviteCode=mexc-1guDM
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