“For people like me who are very long-term focused and quietly accumulating bitcoin on a daily basis, it’s the asset that will supply the most security and value overall,” said Jason Deane, analyst at Quantum Economics. “For traders and speculators, it’s a simple trade equation designed to generate fiat. For them, it’s an exciting and volatile risk-on trade. The question is, whose narrative will be stronger?”
Source: https://www.coindesk.com/markets/2022/02/22/bitcoin-ticks-up-as-biden-announces-new-russia-sanctions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines