~snip~
Too much stuff going on everywhere with most countries on the brink of a recession. Hopefully it all turns around by the end of the year.
It is not bad to be optimistic, but the reality is something completely different, although different people from different countries always have different opinions and views on what is happening around us. It is difficult to expect that inflation will stop, especially by the end of the year, and that something more significant will change during the next year. The world is in a big problem, and I am afraid that it will take years to recover, and that if there is a real desire to do so.
The best thing we can do is not to expect too much, because then you will not be disappointed with what will happen. If Bitcoin maintains its current value or increases it by 15-20% by the end of the year, I consider it a success all things considered.
I guess by nature I'm innately optimistic. It's always about the silver lining. But ok, 'realistically speaking', what will the bottom for BTC look like for you? Will it drop to 12k - 15k or did we already see the bottom come in at 17.5 k - 18k?
Anyway... I wanted to go offline for a while and spend some time by myself with no internet, TV, social media, markets, charts, etc... And the minute I go home I check the charts it's all bleeding red. :/ What did you guys do? Ugh.
Actually I did the same, not just because I wanted to, but I was sick (food poisoning) in the last 24 hours.
And then when I log-in, surprised to see that the market is bleeding, including stock market. And from what I understand, it has something to do with the Fed's announcement again.
Nevertheless, we just need to stay calm, we still have 2 weeks at least this September and who knows, we might not be as bearish as we expected it to be.