Hi all,
Is is the bottom in? Most probable yes, at least for a bear market run. Almost 40% up since the bottom.
If macro economy doesn't improve and we are going to stagflation as FED is playing with interest rates, BTC and Stock market will not perform so well.
If BTC will break down again then will be a major alarm signal that it will be harder and harder to fully recover.
Until the halving in 2024 we have planty of time but it will be a harder bear market especially because is first recession for BTC.
I believe the technology behind is unique and the value of BTC will perform very well 5-10 years from now for sure.
DCA constantly and with a proper risk management.
A lot of patience and the portofolio will perform a lot in the following years.
Buy the fear sell the greed.
What do you think about BTC price?