If US dips into publicly acknowledged recession in Q3, we might see crypto correction, as a benchmark - BTC to 12000 in autumn.
I see this as an ultimate buying opportunity.
Pros:
Cons:
I see this as an ultimate buying opportunity.
Pros:
- recession is likely to happen
- crypto needs much more accumulation for a good bullrun than it has now
- I can't see a real bullrun without Fed pivot, only BTC/LTC/ETH speculations on banking collapse fear, it is not a proper fuel to 100k BTC.
Cons:
- fiats hyperinflation might trigger earlier hype in crypto, then no such deep correction will occur
- Fed might make early changes to monetary policy to assure banking system safety, this will hurt crypto accumulation and cancel the dip
تعليق:
I can't say we are on track, but there are signs