@NickGweezy
Nick G
@NickGweezy · 3:40

Energy Costs Killed Bitcoin

article image placeholderUploaded by @NickGweezy
Now there's no economic incentive to mine Bitcoin unless you have a stationary bike that powers your computer and you sit there sweating for 16 hours a day. So as the Federal Reserve continues to decrease the money supply and raise interest rates, this will push Bitcoin further and further down. The next quote unquote gap fill is at 9800. Ethereum could probably go under 500. Good luck

#economics #bitcoin #finance #cryptocurrency

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