The general purpose of rate hikes is to make a particular currency attractive to investors seeking higher yield, leading to potentially increased demand and strengthening its value relative to other currencies. However, higher interest rates also have negative impact on economy as it can result in reduced spending and investment which is not good for economy in the long term. In such scenario, Bitcoin and other crypto currencies are viewed as alternative investments that can provide diversification and hedge against traditional economic risks.

You bring up very interesting point regarding Bitcoin as a hedge against inflation. It is theatrically correct that due to its finite supply & decentralized nature, it should work as a good hedge against inflation. However, as you noted, short term fluctuation in Bitcoin price is not always correlated with inflation rate. It is also true that inflation measured by CPI doesn't necessarily reflect its impact on financial assets including Bitcoin. Inflation can lead to increase in price of assets as investors look for alternative stores of value to protect their purchasing power.

It is great to see that impact of negative CPI report was short lived and it didn't cause any panic selling in the market & the price of Bitcoin is now recovering.This morning, as Asian markets opened , Bitcoin reached a high of 2427,00 which is the highest price of last 6 months. many well known expect that Bitcoin will hit $30,000 before experiencing a bearish trend again.

Although Binnce is a leading crypto exchange with a large cash reserves, the recent FUD regarding BUSD did temporarily harm its reputation. However, it seems that Binance has resolved this issue and is now in better position.

Brother, Golden cross or death cross patterns kisi hud tak long term trend reversal k reliable patterns han mgr short term mein bht zayadh sahi kaam nhi kerty or enko hamesha mutiple indicators use ker k trend ko confirm kerna chaye. Wasy bi kal CPI data release hony k baad Bitcoin ne thori dip li mgr dobra price recover ho gya ha or aaj Bitcoin lugta ha k dobara 23K ko cross ker le ga. Bht sary analysts ki opinion ha ek dafa Bitcoin 30K ko hit kere ga or vehan se dump ho ga.us k baad eski bottom bny gi. Let's watch and wait how it plays out in coming weeks and months. DYOR

The  initiative taken by crypto community to raise funds for earth quake victims of Turkey is highly commendable. This disastrous event has led to wide spread devastation, with over 4000 buildings destroyed and numerous casualties. The effort to provide rapid aid to those affected is crucial, it is equally important to make sure that distribution of aid is free from any kind of bias or discrimination. We should also take resumes to ensure that funds are utilized appropriately and reach all those who in need, regardless of any demographic or social distinctions.

To assume that Bitcoin will experience same type of inflation as fiat currencies is not accurate, because of its supply is limited of 21 Million coins , whereas fiat currencies can be printed in unlimited quantity by the central banks of the countries . Inflation in fiat currencies is caused by money supply which governments usually control by increasing interest rates. In contrast, Bitcoin has been programmed for maximum supply of 21 million and it is not possible to increase it. Inflation is Bitcoin is caused by increase in demand with limited supply of coins, can lead to higher price of Bitcoin.

Bitcoin enthusiasts believe that its limited supply and potential use as store of value could drive its price higher in the future but It won't be so easy for Bitcoin market to reach 200 trillion dollars in 9 years, the total market capitalization of all publicly traded companies in the world is estimated around 100 trillion dollars. If Bitcoin were to achieve 200 trillion dollars capitalization, it would be worth more than entire global stock market. It is difficult to predict if and when market cap will reach this level. Such s scenario would likely require massive increase in demand, continued adoption and use of crypto currency as store of value and method of payment. It is also possible that new technological developments and changes in regulatory laws could impact significantly the value of Bitcoin.

It is true that economic situation in many countries is concerning, with high inflation rates, increasing interest rates and significant level of debt. The challenges many households facing, such as difficulty in affording mortgages, are also cause of concern. Regarding potential of bull run in the stock & crypto market, there are many factors to consider beyond golden cross , such as, general state of economy, corporate earning, global events. While historical patterns such as golden cross can provide some guidance but there is no guarantee of future performance.

The consumer price index(CPI) data released today , fell short of market expectation and it is showing sign of increasing once again and it may lead to concerns about inflation and potential harsher interest rate increase in future. This is likely to create negative sentiment in all financial markets including Bitcoin.Hopefully, FED will take necessary action to curb this increasing trend.

Despite this, I believe that its impact is expected to be temporary, and that Bitcoin's price will eventually recover over time, and market will continue moving upwards.

What are your thoughts on this?

G, MFAHAD Bhai, apka analysis bilkul durust ha, market SEC k actions ki waja se down ha or Binance k FUD ko log zayadeh serious lete han ku k yeh leading exchange ha. Mera khayal k yeh short term situation ha or Binanace ki team es issue ko resolve ker le gi. INSHA ALLAH.

Ek or bra event aaj shamm ko 18:30 pe scheduled ha , jub CPI ka data release ho ga or es dafa yeh market ko surprise ker sakta ha ku k CPI ki calculation k formula mein kuch changes ki gai ha.  I think Bitcoin $20,300 tak neechay aa sakta ha. Let's watch and wait, how CPI data release will impact the market. DYOR



https://www.cnbc.com/2023/02/13/inflation-report-due-tuesday-has-the-potential-to-deliver-some-bad-news.html

First of all I would like to congratulate you on your decision to purchase Bitcoin and becoming part of the Bitcoin community. It's great to see you that you took the advice of others to lead by example. As for the "Bull run" that people have been talking about, it is important to keep in mind that Bitcoin's value can be very volatile, so it is better to take informed decision and don't get caught up in short term trends. Good luck.

It is true that many economies around the world have been affected by COVID-19 pandemic, and some of them may be in recession now. However, it is important to note that situation can greatly vary from country to country and industry to industry. It is understandable to feel concerned about potential layoffs, but it is important to focus on what you can control, such as doing your best work and staying up-to-date on company developments and always prioritize your health and well being during these uncertain times.

G Sahahzadafzal bhai, Mere khayal mein abi buying decision ko hold keren, ku k ek toh market mein BUSD ka fud chal reha ha dosry kal CPI ka data release ho ga jis se market bht volatile ho sakti ha. Bitcoin apni next support 20,300 tak neechy gir sakta ha. Investment k liay mere khayal mein AI coins mein AGIX behter ha, mein ne khud bi kafi buy kiay han. Ya phir layer 2 coins mein OP or Matic dip pe buy kernay chaeye. DYOR




Hamza bhai, I would suggest adding one more category, Community Mentor/Supporter and remove Fighter, it doesn't sound good. Yeh meri suggestion ha baki jo majority ka decision ho ga mein usky sath houn. Umeridress bhai community Mentor/supporter ki cateogry mein fit hoty han hum sub ne un se bht kuch seekha ha. Ek or zaruri bat yeh ha k hum sub ko kisi bi member k bary mein indecent comment nhi kerna chaye  or sub ki respect kerna chaye taaky yehan ka mahol khushgawar rehe.

It is is difficult to predict with certainty that Bitcoin will lead the world currency market in the near future. However, Bitcoin has the potential to address many issues in the current financial system. Bitcoin's unique characteristics, such as its deflationary nature, ability to hedge against inflation, and fast and cheap transactions, make it a promising alternative to current fiat currencies. However, there are many challenges that Bitcoin and other crypto currencies face, including adoption, regulation and security. Therefore, it remains to be seen if Bitcoin will emerge as leader of the world currency market.

The current Bitcoin market  appears to be in a period of low activity , with declining trading volumes & market participants are taking wait-and-see approach ahead of  tomorrow's Consumer price index (CPI) announcement.  The current price of Bitcoin is around $21,535. If data released tomorrow meets market expectation and comes in below 6.2%, it could  potentially push the price back up to above $23,000, on the other hand, if data released doesn't meet market expectation, it may fall to its next weekly support level at $20,300. Better to wait for CPI data release before taking any position in the market.

It is correct that money can buy many luxuries to bring comfort in life. However it is just a tool and doesn't guarantee happiness or fulfillment. Personnel growth, sense of purpose and inner peace are equally important. It is worth noting that a person's wealth and standard of living  can be greatly influenced by the economic conditions of the country. In developing countries, it can be very challenging to achieve financial stability as many people face significant hardships and obstacles in their lives.

I agree with your perspective. The growing gap between rich and poor can create lot of social and economic problems, particularly when it undermines the ability of people to meet their basic needs. It is true that capitalism can be effective economic system but its also important that its benefits are fairly distributed.
Additionally, it is also important to recognize that wealth is not just having more money, but also having access to resources, opportunities and services that are essential for decent quality of life.

Thanks brother for raising this important issue. Mein ne bi apni last post mein es issue pe bat ki thi or mujhy khushi ha k ab apni community ko eska ahsas ho gya ha or ab bht choty size ki images share kerty ha. Yeh bi important k apki posts constructive honi chaye or uska content aisa hona chaye jis se community k lye useful information ho ya usky knowledge mein izafa hona chaye .or new comers ko forum k rules samjhny mein support kerna bi bht zaruri ha taky woh yehan k rules ko follow keren.                    

It is true that early adopters of new technologies or investment opportunities, may have an advantage but they also faced high level,of risk. Crypro market is relatively new technology, that is why there lot of uncertainty & volatility surrounding it.To achieve goal of financial independence through investment in crypto currencies investment. it is important to have faith in Bitcoin and technology behind it. Consistent and strategic accumulation Bitcoin over time can help to minimize risk and increase the chances of long-term success.

The popularity of crypto currencies has been on the rise in recent years and many people are drawn to them as a means to achieveing goal of financial freedom.
Additionally, the decentralization and global nature of crypto currencies like Bitcoin, Ethereum and others, have made them an attractive option for those who want to take control their financial future and want to avoid traditional banks and financial institutions. They can also provide hedge against inflation and currency devaluation.

Given these factors, the dream of financial freedom can come true by using crypto currency?