Bitcoin Update July, August 2022
Bitcoin Update July, August 2022 24/08/2022: MVRV just "came back", chainlink DCA result 18/08/2022: CPI 10,1% in England. Blackrock, google invest in crypto 10/08/2022: CPI 8.5% (lower than 8.7% - the expected value) --> signal of recovery! Open interest is very high. The merge is coming (Sep 2022) 08/08/2022: CPI of US: 9.1%. Prediction: FED interest rate will be slow down. Al bitcoin indicator showed that the accumulation period was gone. See NUPL, MVRV 25/07/2022: CPI goes to 9.4%, while target is only 2%. UK and EUROPE (ECB) raises interest rate after 11 years to combat with inflation. (0.5% 21/07/2022) 24/04/2022: Polygon introduce zkEVM