With inflation numbers due out tomorrow I think we’re seeing investors speculating on Bitcoin’s price getting cold feet as it becomes clear an inflationary recession is on the horizon. We can hope that rich investors decide to step up and buy the price weakness but it seems for now the name of the game is preparing for a recession. These are tricky times as holding cash is a losing bet in the short term, but we’ve reached the point where I think going to cash and waiting for buying opportunities, even if you have to wait another year or two, will likely be the right move looking back.