
Investors Are Mistaken About the Fed’s Mistake - Ep 860
The Peter Schiff Show Podcast
00:00
Bitcoin Is Not Building a Trap Door
The dollar index is now back above the 105 handle but on Sunday night it was very close to breaking below 104. I don't think we're just going to make one move below 105 I think the next time we go below 105 we may stay below 105 and I think the same thing could be said about gold once it gets back above 1800 1800 maybe the new floor rather than the ceiling. There's a lot of people out there that are talking about Bitcoin building a floor at 1700 because Bitcoin has been trading at around 1700. Even though the Nasdaq has dropped quite a bit over the last couple of days Bitcoin has kind of traded sideways and that's caused aAha we found support this is
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