Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Important update on Bitcoin. Why is it falling? Will it go lower?
by
Lucius
on 23/04/2023, 10:22:15 UTC
⭐ Merited by cheezcarls (1)
The OP is some kind of FED troll, because he is so deeply involved in them that he can't see anything else, and that's why he writes the same nonsense every week. There is nothing important in this thread, especially compared to everything that the OP has been posting in the last few weeks.

Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.

So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.

So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.

Have a nice day and take care.