#Crypto #Bitcoin #BTC #usa When the American consumer inde | Omar Al Sayed on Binance Square

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#Crypto #Bitcoin #BTC #usa 
When the American consumer index goes down, it means consumers are spending less than expected, inflation is falling and Bitcoin is rising.
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#Bitcoin #Bitcoin #crypto What happened to Bitcoin today is very similar to when #Iran fired hundreds of missiles and drones towards #Israel . At that time, Bitcoin price went down really badly and when the escalation was contained, the price went up again. This time, we don't know what Iran is planning and what the situation will look like.

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#Bitcoin #BTC #Crypto There is pressure on the price of Bitcoin... As I mentioned last week (Bitcoin is exposed to a big drop and then it will lose again and start rising again)

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Cardano vs Bitcoin There has been talk that #Cardano will beat #Bitcoin but I have yet to see any indication of that.I do not deny that #ADA has had many successes, but there is a big difference between it and other currencies such as #Ethereum and #Solana.

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#Ethereum #ETH Money inflow or outflow, price rise or fall are not the most important success factors. The most important success factor is that Ethereum use cases increase and increase through the right blockchain growth. ETH may be the largest blockchain in the world in terms of transaction volume, but ETH has to defend itself against other competitors.

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#Ethereum #ETH #Crypto It could well be that Ethereum price will fall below in the short term. But when I look at the ETH price in the medium and long term, then ETH is worth much more than $3000. Always remember this fact. ETH is the largest blockchain in the world in terms of transaction volume.

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