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[Findingnemo]

So this proves when inflation goes down the price of Bitcoin will rise and ironically when it goes high the price even get higher unless the price of Bitcoin affected by other factors.

Bitcoin on the rise no matter what, one more valid proof to hold Bitcoins over fiat at whatever situation it is.

That's probably because when inflation rate is high, people with money take refuge in assets like Bitcoin to save their money from getting inflated. Similarly, when the inflation rate is low, people start saving up but again with the fear of inflation, they don't do it in traditional ways but modern ways of saving like buying and storing Bitcoins.

Either way, it's a win-win for Bitcoin and it's admirers with global economy dropping or growing, we will always see significant growth over time for Bitcoin. More and more institutions will see this change and will surely get around Bitcoin and try to leverage to technology in their own favor.

Bitcoin isn't the stablest asset either few days back it was trading around 25K now its in mid 23K so there is loss of value and its huge compared to the inflation rate even if its extreme that volatility beats the value in a day vs per annum.

But looking at the chart its going up after every cycle that's why people recommend HODL so there will be high returns in next few years and don't panic for everyday market movements.

[Cryptmuster]

But looking at the chart its going up after every cycle that's why people recommend HODL so there will be high returns in next few years and don't panic for everyday market movements.

Whoever has recently been in the market, he will worry about such movement of prices, but who has already seen several cycles, he can perceive this normal, because each time even in bear market the price remains higher than in the last cycle. On the global graphics, we are still at the bottom, and now the most important thing is not to sell, patience and Hold will bring profit in the future.

[crypticj]

Can it be maybe also the fact that the inflation slowing down can be a sign that the recession was - at least for now - avoided.

Honestly, I don't think so. You can never say for sure that we are avoiding inflation until we will come out of this crisis. But from what I see, we are not avoiding it and are probably in a recession right now. The problem is, inflation is not going down despite rate hikes, if you will look at the latest PCE and CPI, you will see that inflation went up 0.1% which is bad news because the fed pivot already started so ideally we should see inflation steadily going down.
So we are still in a bad place right now cos rates are high, the economy is suffering and inflation is still going up.