Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, February 2, 2024

Bitcoin And Interest Rates

 

Despite the Federal Reserve at its January 2024 meeting this week getting rid of the imminent rate cut language, the price of Bitcoin increased in the last rolling ten days.

Bitcoin is undervalued both on the current levels of interest rates proxies by the Federal Funds Rate at 5.50 % and will be even more undervalued, if the Federal Funds Rate falls to the forecast levels of 4.50 % - 4.75 %.

Naturally, Bitcoin, cryptocurrencies associated stocks like Coinbase, Robinhood Markets, Microstrategy, Nu Holdings Ltd. are undervalued. Grossly.

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