Pablo-Krypto
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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