BitcoinShort
BITCOIN OUTLOOK, 2022-2023 - Rain, before the rainbow
Greetings community
As the crypto giant sets the tone and leads the pack, it is evident to see examples of 'impulse-correction-impulse', or 'drop-rally-drop'. Whilst down significantly, it is still up significantly to early adopters. It is sometimes good to remember that even with this plummet, BTC still is, and will always have the highest growth factor and ROI across any asset. This correction was inevitable and should bring smiles to faces of all - as this is not a tragedy, but rather an opportunity of a lifetime, to what is, and will continue to expand as one of, if not, THE primary currency of the world.
It is a digital world, and as consumers we need to understand Bitcoin will be to us, what Gold and Silver were to our forefathers. It is actually the primary digital commodity of the 21st century, that every being will require, to 'barter' across platforms and exchanges for other necessary tokens, in order to transact daily, as with every tomorrow, fiat currencies all over the world, evidently loses more trust, and more value due to being unable to keep up with inflation.
I have illustrated my outlook on Bitcoin for the next few months. We are clearly in corrective state despite mandatory manipulation here and there. There is no two ways about it.
Avoid FOMO, perhaps, rather watch the BTC chart as you'd binge watch a Netflix series, every night. Well, at least until Q4 2022, leading into Q1 2023.
Anticipate long positions between 10-13k.
Notes:
-Inflation & Interest
-Recession rumors
-Bear market continuation
-US/Global economy
-Safe haven of the future
-Crypto in the Metaverse
Ever heard the saying, "Fall down seven, stand up eight." That sums it up pretty well.
As the crypto giant sets the tone and leads the pack, it is evident to see examples of 'impulse-correction-impulse', or 'drop-rally-drop'. Whilst down significantly, it is still up significantly to early adopters. It is sometimes good to remember that even with this plummet, BTC still is, and will always have the highest growth factor and ROI across any asset. This correction was inevitable and should bring smiles to faces of all - as this is not a tragedy, but rather an opportunity of a lifetime, to what is, and will continue to expand as one of, if not, THE primary currency of the world.
It is a digital world, and as consumers we need to understand Bitcoin will be to us, what Gold and Silver were to our forefathers. It is actually the primary digital commodity of the 21st century, that every being will require, to 'barter' across platforms and exchanges for other necessary tokens, in order to transact daily, as with every tomorrow, fiat currencies all over the world, evidently loses more trust, and more value due to being unable to keep up with inflation.
I have illustrated my outlook on Bitcoin for the next few months. We are clearly in corrective state despite mandatory manipulation here and there. There is no two ways about it.
Avoid FOMO, perhaps, rather watch the BTC chart as you'd binge watch a Netflix series, every night. Well, at least until Q4 2022, leading into Q1 2023.
Anticipate long positions between 10-13k.
Notes:
-Inflation & Interest
-Recession rumors
-Bear market continuation
-US/Global economy
-Safe haven of the future
-Crypto in the Metaverse
Ever heard the saying, "Fall down seven, stand up eight." That sums it up pretty well.
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