For me, it’s now or never, as we can’t afford anymore to miss the train while there are huge opportunities to own and store bitcoin now.
Enjoyed reading the writing made by the author. Whatever predictions are written from sources I hope can happen. But if we look at a lot of news that it is likely that 2023 is a difficult year due to the state of the global economy and the rise in bank interest rates increases. This gives the world a chance of a major recession. According to the sources I have read at the moment, there have been many Banks that interest-rate increases. Meanwhile, economic growth is moving slowly.
If you think about it logically, If a recession really occurs, will the Halving period of 2024 still make prices increase? The reason is that many investors are afraid to enter crypto, investors choose to keep USD, so there is no large enough flow of money to crypto.
Source:
https://www.worldbank.org/en/news/press-release/2022/09/15/risk-of-global-recession-in-2023-rises-amid-simultaneous-rate-hikesit is logical to understand that the banks are really competing with crypto in order for them to keep alive. Their aggressive movement creates another market impact in terms of volume but I wasn't thinking that investors choose to keep USD and are afraid of crypto. It was just the time for the recession has come and many investors stop investing in Bitcoin as they are waiting for the recovery. This is also what we have seen in the last bear season, huge market demand comes during the bull season, and probably the same scenario we're able to see again.