After a prolonged period of muted volatility, the bitcoin price had a violent swing to the downside, clearing more open interest than the FTX collapse.
September’s CPI release comes in hot and sparks one of the most volatile days we’ve seen yet. The BM Pro team’s thoughts on where a bitcoin low price could be.
As the Bitcoin network replaces our current financial system and becomes the unit of account for the world, everything else will fall in price indefinitely.