It is is difficult to predict with certainty that Bitcoin will lead the world currency market in the near future. However, Bitcoin has the potential to address many issues in the current financial system. Bitcoin's unique characteristics, such as its deflationary nature, ability to hedge against inflation, and fast and cheap transactions, make it a promising alternative to current fiat currencies. However, there are many challenges that Bitcoin and other crypto currencies face, including adoption, regulation and security. Therefore, it remains to be seen if Bitcoin will emerge as leader of the world currency market.

The current Bitcoin market  appears to be in a period of low activity , with declining trading volumes & market participants are taking wait-and-see approach ahead of  tomorrow's Consumer price index (CPI) announcement.  The current price of Bitcoin is around $21,535. If data released tomorrow meets market expectation and comes in below 6.2%, it could  potentially push the price back up to above $23,000, on the other hand, if data released doesn't meet market expectation, it may fall to its next weekly support level at $20,300. Better to wait for CPI data release before taking any position in the market.

It is correct that money can buy many luxuries to bring comfort in life. However it is just a tool and doesn't guarantee happiness or fulfillment. Personnel growth, sense of purpose and inner peace are equally important. It is worth noting that a person's wealth and standard of living  can be greatly influenced by the economic conditions of the country. In developing countries, it can be very challenging to achieve financial stability as many people face significant hardships and obstacles in their lives.

I agree with your perspective. The growing gap between rich and poor can create lot of social and economic problems, particularly when it undermines the ability of people to meet their basic needs. It is true that capitalism can be effective economic system but its also important that its benefits are fairly distributed.
Additionally, it is also important to recognize that wealth is not just having more money, but also having access to resources, opportunities and services that are essential for decent quality of life.

Thanks brother for raising this important issue. Mein ne bi apni last post mein es issue pe bat ki thi or mujhy khushi ha k ab apni community ko eska ahsas ho gya ha or ab bht choty size ki images share kerty ha. Yeh bi important k apki posts constructive honi chaye or uska content aisa hona chaye jis se community k lye useful information ho ya usky knowledge mein izafa hona chaye .or new comers ko forum k rules samjhny mein support kerna bi bht zaruri ha taky woh yehan k rules ko follow keren.                    

It is true that early adopters of new technologies or investment opportunities, may have an advantage but they also faced high level,of risk. Crypro market is relatively new technology, that is why there lot of uncertainty & volatility surrounding it.To achieve goal of financial independence through investment in crypto currencies investment. it is important to have faith in Bitcoin and technology behind it. Consistent and strategic accumulation Bitcoin over time can help to minimize risk and increase the chances of long-term success.

The popularity of crypto currencies has been on the rise in recent years and many people are drawn to them as a means to achieveing goal of financial freedom.
Additionally, the decentralization and global nature of crypto currencies like Bitcoin, Ethereum and others, have made them an attractive option for those who want to take control their financial future and want to avoid traditional banks and financial institutions. They can also provide hedge against inflation and currency devaluation.

Given these factors, the dream of financial freedom can come true by using crypto currency?

Predicting market trend with certainty based on technical indicators is a challenging task as it involves science of probability. However generally if Bitcoin is trading above its 200 days simple moving average , currently at 19,700, is considered as bullish trend but it should not be seen in isolation and should be confirmed with multiple indicators. Additionally, current low trading volumes indicate that investors are sitting on side lines and waiting for any good news to take entry.

I think overall  crypto market is likely to perform better in 2023, as money tightening policy of FED will not be so harsh as it was in previous year.

It is true that crypto currency alone may not necessarily solve all the issues related to economic inequality, it is  incorrect to say that it can't play a role in improving financial access and reducing poverty. Adoption of crypto currency will provide easy access to millions of unbanked individuals through smart phone and internet, it can potentially reduce corruption as transactions made on block chain are on a public ledger & transparent.
Decentralization of financial system will reduce the concentration of power with a single entity, such as central bank, this can help to promote financial stability.
Of course, these potential  changes come with their own challenges and difficulties, such as, need for wide spread adoption, the development of user-friendly interfaces and reduction of volatility in crypto currency prices.

Nevertheless, it is important to consider the ways in which  crypo currency could potentially improve the financial system & promote economic equality

Brother, Mere khayal mein jub tak Bitcoin 19,700 jo k eski 200 days ki Simple Moving average ha, se oper trade ker reha ha toh mere analysis k mutabik yeh bearish nhi blky bullish hee ha or market kisi bi waqt bounce back ker sakti ha or ho sakta ha es dafa yeh 30K ko hit ker jai. Yeh sub andazy han esliye investment kerny se pehle apni research zarur keren.

Baki, ajakl market mein AI (artificial intelligence) k coins trending mein han or mere khayal mein next bull run mein bht acha perform ker sakty han. Insha Allah

You are absolutely right. Promoting investment in any trade-able asset including Bitcoin can be problematic for the people who are not well-informed & don't understand the risk involved with it due to its volatile nature which can lead to loss of their life time savings. It is important for anyone promoting investment in crypto currencies to provide them comprehensive information so that they can make informed decisions.

You are correct that crypto currencies can potentially play an important role to address issue of unequal distribution of wealth by empowering individuals to take control of their own wealth and financial future. However, there are challenges associated with the with the use and regulation of these technologies that need to be carefully considered and addressed. It is important for individuals and communities to have their voice heard and advocate policies and technologies that can benefit society at large. Raising awareness about benefits of adopting these technologies can help in  building momentum on governments to consider them a viable option.

According to various studies and world inequality report 2018, large portion of world's wealth is concentrated  in the hands of small portion of population, while the bottom 50% holds less than 2%. This distribution of wealth is highly unequal and cause of concern for many people, as it contributes to social and political unrest all over the world.

What governments can do to make it more equitable?


https://wir2018.wid.world/

You are correct that it is impossible to prevent natural disasters, such as earthquakes, hurricanes and floods as they are largely driven by geological or meteorological forces. However, their impact can be reduced through early warning system, effective planning, preparedness measures and fostering international cooperation. It is also important to address the underlying factors such as climate change that can reduce severity of their effects.

The potential of Btcoin to become a global currency is very interesting topic of discussion on both print and electronic media. The increasing acceptance of Bitcoin as method of payment by many businesses and individual is very positive sign for it future prospects. On the other hand, Bitcoin is still a relatively new currency, and its value can be very volatile. It also faces regulatory hurdles, that must be overcome before it can be widely adopted as a currency. It remains to be seen how adoption will progress in coming years.

Yes, there is a well-known concept called " The expectation effect". When majority of the people anticipate a negative event, such as recession, they will adjust their behavior accordingly, which can mitigate the impact of event. However, sometimes it doesn't work, the reality of negative event can still be much worse than what was expected. This can be true when other factors are at play, such as, sudden and unexpected shock to the economy.

You are correct that political changes can also create instability and disrupt the economy.

There is much discussion in both the print and electronic media regarding the probability of global recession as a consequence of ongoing war in Ukraine, but I think unlikely to happen any time soon, even if it does, it is expected to be less severe than recession in 2007, as global GDP is still growing albeit at a slow rate. The real challenges for policy makers are growing debt, climate change and increasing frequency of natural disasters, such as earthquake, hurricanes and floods, which pose significant risk to world economy. These need to be addressed by global community urgently, in order to ensure a stable and thriving economy.

It is interesting to note that use of Bitcoin and other crypto currencies by many small business is on the rise in many countries, but level of adoption varies from country to country and city to city. Some countries, such as japan and Switzerland have more progressive approach towards crypto currencies and they are working to regulate them in a way that general public can use it. While others remain skeptical and have yet to put any legal frame work in place.
Despite these differences, it is clear that crypto currencies have the potential to have significant impact on financial landscape and it will be interesting to see how governments and central banks respond to this growing trend.

This scenario is possible because Bitcoin is finding it hard to stay above 23,000, although it broke psychological barrier of 24,000 after 0.25% interest rate increase announcement. which was generally welcomed by all markets. If correction happens, it is expected to drop to its next strong support of 21,700 on weekly chart. Despite this, I remain optimistic on Bitcoin, as long as it stays above its 200 days simple moving average, currently around 19,700.

The Golden cross in the S&P 500 index didn't have any immediate impact on the price of Bitcoin, it might be a positive sign for medium to long term outlook.

It can be very challenging, if you are in in a situation where you are unable to pay your loans and debts. I would suggest some steps that might help you break the vicious cycle: First of all access your financial situation and try to figure out the root cause of the problem. Is it due to temraory financial setback or more persistent income issue? Knowing the exact cause can help you addressing the issue more effectively. Prioritize the repayment of those loan with high interest rate & penalties. Repay your debts by cutting unnecessary expenses.

Seek professional help if your situation is very complex, it can provide guidance on managing your debt and creating a plan to become debt free.