A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Elon has also been pretty vocal that he thinks we're headed into a dangerous recession. I think the yield curve would tend to agree with him. Crypto is going to have a difficult time over the next year as the Fed realizes that it's going to cause an economic collapse if it doesn't pivot and begin lowering rates. We've seen this all play out before. I think the Fed is hoping that inflation keeps assets high enough that we avoid cascading liquidations among the big firms, which would be the difference between now and 2008, but the Fed rarely ever gets it right. Cash will be King shortly I feel, but once this recession is digested I think we're all hoping for another bull run.