A spiking put/call ratio often signals bearish sentiment, as more traders buy puts vs. calls. It can indicate fear or hedging, but an extreme spike might suggest a potential reversal if sentiment gets too one-sided.
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In a global inflation environment, Bitcoin's effectiveness as a hedge is debated. Its fixed supply (21M cap) offers scarcity, but volatility and regulatory risks persist. Historical data shows mixed results against inflation.
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Classical music & taxes 🎼 #Accountant
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