Quote from: cryptomaniac_xxx on Today at 08:37:37 AM

Quote from: Thomas Kralow on January 19, 2023, 01:44:41 AM

Quote from: kryptqnick on January 11, 2023, 11:27:48 AM

I suppose, if we try to be optimistic, it's very good that Bitcoin didn't fall even lower, but it's very close to the bottom now, so I wouldn't say that it's a sign of a better year. Sure, there's a bit of positive movement, but for now it's just tiny fluctuations, not worthy of serious considerations. Bitcoin can still go down or stay at a current 1/4 of the maximum price. 2023 might be a good year, but a year is a long time, and what if it gets better closer to its end? It's important to keep calm and be patient, prepared for a continuation of the bear market. In that case, you'll be mentally prepared for bad times but pleasantly surprised if it's suddenly over.

From the perspective of the global economic situation, 2023 is not an optimistic year, and inflation is becoming more and more obvious. In traditional industries, prudent investment has become the unanimous view of everyone. It is precisely because of this that the encrypted world may become a hot spot for investment, attracting more investors and shareholders to the encrypted world and investing in digital currencies. Therefore, I feel that the encryption world in 2023 will gradually prosper.

Yeah, it could be, but we have signs that the economy is recovering, US for example is expecting that they will have a good economy as the numbers are going down. Although there could be inflation is some countries, at least when we hear that the most powerful country is now on the recovery mode, it might send a good signal towards the end of the year and maybe at the start of 2024 where it will coincide with the biltcoin halving and the start of the bull run, we might see the overall outlook to be positive in the next couple of years.

CPI falls, and the world's largest economy recovers, but it does not mean that the rest of the countries recover, for the EU they are still not much better when they are still directly affected by the war crisis between Russia and Ukraine. Meanwhile, the world's second largest economy, China, is still struggling with covid. Regarding the macroeconomic situation, I don't think 2023 will be a positive but worse year, as we are likely to enter a recession.
The crypto market is still a part of the economy, so it's hard to expect bitcoin to recover while the economy is still in crisis. What's going on with bitcoin, I still believe it's a price trap.