Hello crypto bros, today I want to share my thoughts on when it will be the best time to buy bitcoin. Don't get me wrong, I'm not saying that you shouldn't buy bitcoin right now, DCA is still the best tactic. But it's still good to know WHEN it will be the best time to safely invest money in bitcoin and be sure that it will probably go up from now on. But I won't be bothering you with TA analysis (that is probably wrong) and strange predictions, today we will just look at the facts. I'll start by saying that yes, I think we are still in the bear market and it's obvious that the economy is still suffering. And it's not a secret that bitcoin still didn't decouple from the NASDAQ so we should understand that if the economy goes down => bonds go down => bitcoin goes down too. So we still might see some down movements and maybe we will even see a new button because statistically something always breaks down after fed pivot.
So we can safely say that we will see a true bull run only when the economy will start recovering, but it can't happen until rates will start going down. That's why right now I think that we all should wait for the one single indicator: lowering of the rates. Bitcoin won't go up mediately, but it will mean that economy will start recovering => more money will go to the assets => and bitcoin and bonds will go up.
The only question is when will it happen? Well, if we look at how fast inflation is going down, I can assume that it will probably go down to the expected 3-4% in the Q4 of 2023. So I'm not expecting a bull run until 2024.
But again, I don't want you all to be bearish on bitcoin or selling it. For most people, DCA is enough to survive this crypto winter, but if you want to invest a lot of money in bitcoin, then I think it's better to wait until the signal we talked about.
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Hey there crypto enthusiasts! So, let's talk about when the best time to buy bitcoin might be. Of course, if you've got a long-term investment strategy, then DCA is still a solid option. But it's always good to have a general idea of when it might be the "safest" time to invest in bitcoin and potentially see a return.
Now, I'm not going to dive into any complicated TA analysis or make wild predictions. Let's just look at the facts, okay? First of all, I think it's pretty clear that we're still in a bear market, and the economy as a whole is still struggling. And, as we all know, bitcoin hasn't fully decoupled from the NASDAQ yet, so if the economy takes a hit, it's likely that bonds will drop and bitcoin will follow suit.
So, when can we expect a true bull run? Well, it all depends on when the economy starts to recover. And that won't happen until interest rates start to go down. That's why I think it's important to keep an eye on that single indicator: when interest rates start to decrease. Of course, a decrease in interest rates won't automatically result in a surge in bitcoin's value, but it will mean that the economy is on the upswing and more money will flow into assets, which will in turn benefit both bonds and bitcoin.
As for when we might see interest rates start to decrease, based on the current inflation rate, I wouldn't be surprised if it dips to the expected 3-4% range by the end of 2023. So, my best guess is that we won't see a bull run until 2024.
In conclusion, I don't want you all to be bearish on bitcoin or sell off your investments. For most people, DCA should be enough to weather this crypto winter. But if you're thinking about making a big investment in bitcoin, it might be wise to wait until we see that key indicator of interest rate decrease.