Pablo-Krypto

Pablo-Krypto

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04/09/2023

The next 3 FOMC meetings are upon us🧐

That’s about 3-6 months before the Bitcoin halving

P.S. The crypto market has already been hit with major downturns/downtrends ranging from -27%-47%

My point here is, we are not outta the woods yet … and these are my speculations and concerns amidst all of the unresolved economic and political challenges across the globe.

1. Q4 of 2023 and Q1 of 2024… we would see a big retest downward on Bitcoin before major up move

2. The 🇺🇸 FeDs have signaled already that they are going to resume rates hike… stating inflation hasn’t hit their key target of 2%

3. Big companies are laying off workers,avoiding over spending and some are filing for bankruptcy…

4. No fresh liquidity in the market yet …

5. Bitcoin and etheruem ETF fillings won’t be seeing any ‘masquerades’ till 2024…

So there is no reason for any bullish sentiment in the market within the next 3-5 months…

Just my 2cents … what are your thoughts?

Stay Jiggy💯

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