Bitcoin will pump soon? Lower interest rates in june.

[Marvell1]

Although bitcoin has had an impressive 50% recovery since the bottom, in the end, we all still don't know what will happen in the future. What we can do is stay calm and hold on no matter what happens.

I do not spread Fuds, but I am not as optimistic about the market as many are expecting. I believe this year, there will still be some tremors that make people panic again. Players have become smarter, the market will not be able to move so predictably. If the market continues to recover from now on and there is no correction, then we will have millions more millionaires created in the next bull season.

I think "bitcoin recovering 50% from the bottom" is actually what we know about the future. I mean I get that it is not a guarantee or anything like that, I get that you are not entirely sure, but isn't that increase tells you anything? I personally believe that if you end up buying bitcoin at this current stage, and then wait for it for a year or two, then you are going to profit from this.

To me, this is a fact, not something that may happen, not something that is potentially good, it is something that is a fact to me that if you buy now and hold for 2 years you will profit. This is why I do not agree that we do not know what the future will be like, I sort of know already and buying because of that.

What we are talking about is the short and medium term for this year, so I would say nothing is certain, and the future is unpredictable. But to talk about the long term or the future of bitcoin in the years to come, as a bitcoin investor, I always believe in bitcoin as well as my choice. Even if the new ATH doesn't happen after the next halving, I still believe in bitcoin, I never want bitcoin to go bad because it's my choice and it's profitable for me.

[fzkto]

Although bitcoin has had an impressive 50% recovery since the bottom, in the end, we all still don't know what will happen in the future. What we can do is stay calm and hold on no matter what happens.

I do not spread Fuds, but I am not as optimistic about the market as many are expecting. I believe this year, there will still be some tremors that make people panic again. Players have become smarter, the market will not be able to move so predictably. If the market continues to recover from now on and there is no correction, then we will have millions more millionaires created in the next bull season.

I think "bitcoin recovering 50% from the bottom" is actually what we know about the future. I mean I get that it is not a guarantee or anything like that, I get that you are not entirely sure, but isn't that increase tells you anything? I personally believe that if you end up buying bitcoin at this current stage, and then wait for it for a year or two, then you are going to profit from this.

To me, this is a fact, not something that may happen, not something that is potentially good, it is something that is a fact to me that if you buy now and hold for 2 years you will profit. This is why I do not agree that we do not know what the future will be like, I sort of know already and buying because of that.

What we are talking about is the short and medium term for this year, so I would say nothing is certain, and the future is unpredictable. But to talk about the long term or the future of bitcoin in the years to come, as a bitcoin investor, I always believe in bitcoin as well as my choice. Even if the new ATH doesn't happen after the next halving, I still believe in bitcoin, I never want bitcoin to go bad because it's my choice and it's profitable for me.

Do you believe in bitcoin or its value in dollars? How does bitcoin benefit you? I think most people here just want to get rich just by buying bitcoin. Because everyone believes that if it happened to people ten or even five years ago, it will happen to them again in the near future. But I think it's too complicated because bitcoin's capitalization is already very big. I guess you and I just have to use bitcoin.

[uneng]

So let's hope that we will see FED cutting interest rates in June. Good luck to everyone BTC

Since the beginning of 2023 we have been hearing news about FED planning to decrease interest rates this year, and that is one of the main reasons why the market became so confident and optimistic so far, coming from 16,600$ in January to almost 28,000$ right now. If FED really achieves the goal stated months ago, it's very possible bitcoin will enter 35,000$ or even 40,000$ zone this year yet, what will definitely help the next bull run to gain even more traction in 2024.

[Pujangga]

The potential for bitcoin to skyrocket in April is very large, I'm sure this will happen soon, now is the time to keep buying, don't just check prices too much but never buy, I've also bought even a little bit, this is because I don't have a big income yet like the members here.

[sana54210]

So let's hope that we will see FED cutting interest rates in June. Good luck to everyone BTC

Since the beginning of 2023 we have been hearing news about FED planning to decrease interest rates this year, and that is one of the main reasons why the market became so confident and optimistic so far, coming from 16,600$ in January to almost 28,000$ right now. If FED really achieves the goal stated months ago, it's very possible bitcoin will enter 35,000$ or even 40,000$ zone this year yet, what will definitely help the next bull run to gain even more traction in 2024.

This is just the rumor, if the rumor got it so high, imagine what the real situation would be looking like. If the rumor of "it will go down" made people put their money into bitcoin instead of interest, then when the time comes and the interest rates start to decrease, even more people will withdraw their money from there and put it in crypto, and that won't even be the last of it, the more people keep their money in interest, the more it will decrease over time and then they will withdraw too on the following ones as well.

That's how we should approach it and this is why in the next year as long as FED keeps on dropping the rate, there would be tens of billions of dollars that go in to bitcoin instead of being in interest.

[Falconer]

Since the beginning of 2023 we have been hearing news about FED planning to decrease interest rates this year, and that is one of the main reasons why the market became so confident and optimistic so far, coming from 16,600$ in January to almost 28,000$ right now. If FED really achieves the goal stated months ago, it's very possible bitcoin will enter 35,000$ or even 40,000$ zone this year yet, what will definitely help the next bull run to gain even more traction in 2024.

Lower your expectations bro, enjoy the volatility and stay focused on your long term plan.
If you really expect good returns in the long term, then anything that's causing the price to fluctuate right now should be ignored. I believe the FED can influence the market, but their plans to lower interest rates are not yet real.

I'm starting to wonder what the underlying price is too hard to break $30k right now. Even the price movement tends to be sideways in my opinion at $ 27k to $ 28k.

[uneng]

Since the beginning of 2023 we have been hearing news about FED planning to decrease interest rates this year, and that is one of the main reasons why the market became so confident and optimistic so far, coming from 16,600$ in January to almost 28,000$ right now. If FED really achieves the goal stated months ago, it's very possible bitcoin will enter 35,000$ or even 40,000$ zone this year yet, what will definitely help the next bull run to gain even more traction in 2024.

Lower your expectations bro, enjoy the volatility and stay focused on your long term plan.
If you really expect good returns in the long term, then anything that's causing the price to fluctuate right now should be ignored. I believe the FED can influence the market, but their plans to lower interest rates are not yet real.

I'm starting to wonder what the underlying price is too hard to break $30k right now. Even the price movement tends to be sideways in my opinion at $ 27k to $ 28k.

The real factor which will push Bitcoin to the 35,000$ or 40,000$ isn't FED decreasing interest rates, but the halving that is going to happen next year. However, FED decreasing interest rates can work as an important booster on this process, increasing the potential impact of next year's halving. That is what I meant.

For now we still have Bitcoin showing resistance level above the 28,000$ line. Normally it should be at 29,000$, because the real mark is 30,000$, so I guess the resistance level is pretty strong and bearish for now... Anyway, if Bitcoin maintains its price where it is right now it's a already good news in my opinion.

[kamvreto]

The real factor which will push Bitcoin to the 35,000$ or 40,000$ isn't FED decreasing interest rates, but the halving that is going to happen next year. However, FED decreasing interest rates can work as an important booster on this process, increasing the potential impact of next year's halving. That is what I meant.

For now we still have Bitcoin showing resistance level above the 28,000$ line. Normally it should be at 29,000$, because the real mark is 30,000$, so I guess the resistance level is pretty strong and bearish for now... Anyway, if Bitcoin maintains its price where it is right now it's a already good news in my opinion.

The $29000 resistance level is currently the closest level that is still strong, if it can break this resistance I believe bitcoin will stay above the $30000 price. But currently Bitcoin is still stable at a price of $ 27000-28000. the market is still in a bearish state and if at the close of the Daily Bitcoin still holds on the support of $ 27000 it is still safe, but if it closes below the resistance of $ 27000 then it is likely to decline again with the lowest support at the price of $ 19000. Let's wait and see what will happen, hopefully the positive trend will still be on Bitcoin's side and no FUD will appear when the market is like it is today.
BTW The FED's news about the interest rate cut will affect the bitcoin market, this includes the Fundamental events that will occur.

[virasog]

So let's hope that we will see FED cutting interest rates in June. Good luck to everyone BTC

The Interest rates can't go up forever and the US government has already hinted that it will stop the increase in interest rates in the near future. As soon as it is done, the money will start to flow in assets other than the dollars and people will buy bitcoin as keeping money in dollars may not be profitable.

Log out your account in forum, turn off computer in a few months and come back in 2024. I bet my life if you won't see Bitcoin has any price higher than $30,000. I believe it will have very higher price than $30,000 in 2024, any month in 2024.

With this vision, why do I have to care about when Bitcoin will pump, soon or late. I don't care about FED decision on interest rates in 2023 and 2024, it's their job and Bitcoin has its job too. I have my job too, working and holding my bitcoin.

Yes, bitcoin will have a bull season after the next halving, so if you are able to hold bitcoin by the end of 2024 or early 2025, you are likely to see all time high prices of bitcoin. However, one thing i should note that it is not that bitcoin has to pump after halving, the economic indicators will also favor bitcoin which includes lower interest rates, US printing more money, devaluation of dollars and lot of other factors.

[bestcoins1]

The potential for bitcoin to skyrocket in April is very large, I'm sure this will happen soon, now is the time to keep buying, don't just check prices too much but never buy, I've also bought even a little bit, this is because I don't have a big income yet like the members here.

How can you not check the price when someone wants to buy more Bitcoins? Because for every purchase that is in the market, of course the main thing that will be seen by those who are going to buy is the price, so there is no reason whatsoever to make them not look at the price and check it before buying. So you have actually done the right thing in terms of buying and also have given good advice, but when you prohibit everyone from checking the price when they want to buy Bitcoin, it sounds very strange to me.

[noormcs5]

The potential for bitcoin to skyrocket in April is very large, I'm sure this will happen soon, now is the time to keep buying, don't just check prices too much but never buy, I've also bought even a little bit, this is because I don't have a big income yet like the members here.

How can you not check the price when someone wants to buy more Bitcoins? Because for every purchase that is in the market, of course the main thing that will be seen by those who are going to buy is the price, so there is no reason whatsoever to make them not look at the price and check it before buying. So you have actually done the right thing in terms of buying and also have given good advice, but when you prohibit everyone from checking the price when they want to buy Bitcoin, it sounds very strange to me.

Of course, everyone will check the prices before buying bitcoin but he means that it would not matter much the current value of bitcoin whether it be 28,000$ or 26,000$ or 20,000$, when you will find bitcoin near 100,000$ in 2024 and beyond.
There are people who regularly buy Bitcoin every week or every month, and therefore do the dollar cost average. All of these people are holding bitcoin for the long term and will do the profit taking in the next bull season.

[Captain Corporate]

It is important to first see how it happens, without knowing how much it will fall, we can only make "speculation" as the section suggests. I understand that if it falls, then the price will go up, but what if it stays the same? Right now, so far in the past year or so, it has gone up and I know that we do not expect it to go down anymore because we have already seen what that can do to banks so there will be a fall. But what if the fall doesn't start right after an increase, and instead they just keep it as it is right now? That would be an interesting situation and we could possibly see bitcoin not react the way we want it to react which would be a terrible scene without a doubt.

[Paul Pogba]

June will happen in about 2 months, and I think the most important thing right now is that the price can pass the strong wall that is the $30k price, if the $30k price can be passed then it is certain that the price will continue to skyrocket until it can pass the ATH that has happened, and I sure it will come soon.

[MoonOfLife]

It is important to first see how it happens, without knowing how much it will fall, we can only make "speculation" as the section suggests. I understand that if it falls, then the price will go up, but what if it stays the same? Right now, so far in the past year or so, it has gone up and I know that we do not expect it to go down anymore because we have already seen what that can do to banks so there will be a fall. But what if the fall doesn't start right after an increase, and instead they just keep it as it is right now? That would be an interesting situation and we could possibly see bitcoin not react the way we want it to react which would be a terrible scene without a doubt.

As far as I know, the Fed does not intend to lower rates, instead, they still want to raise rates but with a slower intensity. High interest rates are not the reason why banks fail, but because they raise interest rates too quickly, they decide to slow down. So it is not possible to expect a positive future this year unless bitcoin defies the news, as bitcoin is still more manipulated than subject to the rules of the financial markets.

[fuguebtc]

So let's hope that we will see FED cutting interest rates in June. Good luck to everyone BTC

Since the beginning of 2023 we have been hearing news about FED planning to decrease interest rates this year, and that is one of the main reasons why the market became so confident and optimistic so far, coming from 16,600$ in January to almost 28,000$ right now. If FED really achieves the goal stated months ago, it's very possible bitcoin will enter 35,000$ or even 40,000$ zone this year yet, what will definitely help the next bull run to gain even more traction in 2024.

They have no plans to lower rates, what they are saying is to stop raising rates and keep it at 5% until inflation really drops below 2%, then they start lowering rates gradually. Interest rates are still very high, so I don't think the Fed is responsible for bitcoin's recovery. The market rebound is normal, the market cannot go down forever without a recovery. Bitcoin is very confusing sometimes, it can go up in price for no reason and vice versa, that is also what makes the crypto market so interesting.

[Bitcoin2009]

Bitcoin potential for a bull run is imminent, march made a good record and usually april will be even better, now the price is close to $ 30k and if this week can be reached then I am optimistic that this year the price of $ 100k will be easy to achieve.

[Wong Gendheng]

Today the market can rise more than 2% and of course has the opportunity to rise to $ 30k this week, many experts are optimistic that the natural growth of users makes Bitcoin even more strengthening, and this certainly makes prices continue to rise because Bitcoin needs are higher.

[FUCKBSVFUCK]

This is one of the great news about the Bitcoin, because the whole world is going to see Bitcoin, it is getting pumped even before the fud happens. Bitcoin is getting more and more popular, but its price is slowly rising again, if you are in the world of crypto you'll find that it has a different price, so there's no rush to buy. The price is volatile and in the middle of the day, most people do not get that the current rate is high, and so they will keep buying. In my opinion, this year's FED is really good.