Bitcoin is ready to collapse and final leg downBitcoin is ready to collapse and amid fears of the recession from the Feds decision since U.S. economy is slowing down and it’s not good for bitcoin and neither for the markets.
Still below 17K; the bears has a strong potential to crash and collapse even lower.
Bitcoin halving is coming in 2024.. which is the big sign for buyers to buy the dip at the new lows of the bottom ( DONT BE LATE!! )
As I said before don’t trust any short buys because the bears are fully controlled.
Anyhow now the bottom has been confirmed from the crypto veterans and experts also big companies see bitcoin will bottom in 12-10K before or during 2023 1st Quarter; if it doesn’t hold because the recession is coming.. we will see bitcoin to go even lower than 10K zone.. FYI the Feds are still in charge to keep its decision to go higher rates and the inflation will be expected to go a lot higher in 2023.
Bitcoin All time high prediction
2023-2024 new high; 100-150K
2025-2026 new high: 200-250K
2027-2030 ( or longer) new high ( LONGTERM ) 1 Million.
If you are a holder then wait 10 years.. perhaps 5 years.. if wanted a fully retirement.
Trade safe y’all and keep an eye of those buy points for a bargain.
