Hypothesis:
US; The recent decisions to ultra hike interest rates, the ongoing irrational crackdown on crypto businesses and fall thereof, the unclear regularly grounds and others like that have had a non positive effect on the overall market.
It feels that everyone is interested on Bitcoin to going up and the SEC and other govt org working towards crashing the price thereof.
Thus, if the negative effects of these organisations were absent, the price could be higher, as much as $1.000.000US and it would be an established currency that prevented hyperinflation in some counties.
Thoughts?
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