Bitcoin will pump soon? Lower interest rates in june.

[crypticj]

Hello crypto bros, it's me again with an update on my "inflation" and "the best time to buy bitcoin" topics.

I already talked about how we all should wait for the FED to start cutting interest rates cos it will be a great signal that bitcoin and stock markets WILL go up. (because the economy will get better)

So today I want to talk about a possible date when it could actually start happening. If you will check the CME website you will see that the market expectation is that FED will start cutting interest rates in June. And it's a very important thing for the economy and crypto.

First of all, it would be a big signal for people to invest in crypto. Secondly, it will mean that economy will start recovering which will be huge for all markets including crypto.

But you all should know that things won't happen in one day or month. Bitcoin will pump, but then it will start growing slowly. The economy needs some time to recover. But it will already be a starting point for us to buy bitcoin.

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

[tbct_mt2]

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.

[un_rank]

Take a look at the bitcoin charts from the past months to weeks, you would see how much it has grown over that period without any news of interest rates or fed action. This tells you that the market is not entirely influenced by any singular event, but there are lots of things that goes into price increase or decrease.

Do not sit around waiting for a signal that would determine the direction the bitcoin market would take, just buy and secure it in a non custodian wallet.

- Jay -

[Lucius]

Hello crypto bros, it's me again with an update on my "inflation" and "the best time to buy bitcoin" topics.

After all those epic failures with which you proved yourself to be a "top expert", this is another epic failure with which you will not achieve anything, let alone help someone. Can you play your children's games with the boys from the neighborhood?

But you all should know that things won't happen in one day or month. Bitcoin will pump, but then it will start growing slowly. The economy needs some time to recover. But it will already be a starting point for us to buy bitcoin.

Excellent advice, you advise people to wait for the price to be even higher before they start investing in Bitcoin What about your predictions that the price will stay below $22k or your claims that it will go below $15k?

I was saying this before and I will say it again: bitcoin will go down and it MIGHT even go lower than 15k.

So I still think that bitcoin will stay below 22k for a pretty long time and the signal that it will change will be much lower inflation and lowering of the interest rates.

[adaseb]

I listened to Powell today and he didn’t say anything about rate cuts. Especially in 3 months. The projection was like 5.1% at the end of the year and about a percentage lower at the end of 2024.

The bond market and your CME fed tool is saying otherwise. So who do we believe? It seems the market is calling his bluff but it’s too early to tell.

If these banks keep failing one after the other then it’s perhaps possible for a cut in June but impossible to tell right now.

[Reatim]

Bitcoin pumped recently and until now so I believe expecting a pump is irrelevant because we already had , but what you can ask now is if the pump will continue ? if this can extend to at least another position at 30k?

but if the fed do this then it is a favor for everyone of us.

[Dave1]

I listened to Powell today and he didn’t say anything about rate cuts. Especially in 3 months. The projection was like 5.1% at the end of the year and about a percentage lower at the end of 2024.

True, on the contrary, they are going to increased it so the OP's prediction might not happen.

If these banks keep failing one after the other then it’s perhaps possible for a cut in June but impossible to tell right now.

Maybe this is the only thing that we can keep on holding, the bank crisis has again tested how bitcoin can be a tool not just for the riches but for everyone. They are using to as a hedge as proven during the pandemic in 2020. So in any case that the other Fed will cut it rates but then again the bank crisis will go till June or at least the end of the year, the market might benefited from it.

[ethereumhunter]

Bitcoin will pump back but no one can predict exactly. Maybe it will happen in June this year or maybe next year. But everyone who invested in bitcoin kept buying it because they realized the recovery process was underway.

And even if people decide to just buy at the current price, that's okay because of the potential for a very high price increase of bitcoin. But they must be careful in determining the price to buy and try to analyze the market before buying. And buy when the market is down so you can earn more bitcoins.

[Gayong88]

Hello crypto bros, it's me again with an update on my "inflation" and "the best time to buy bitcoin" topics.

I already talked about how we all should wait for the FED to start cutting interest rates cos it will be a great signal that bitcoin and stock markets WILL go

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

If you look at the performance of the Federal Reserve, it really considers various economic indicators, such as the inflation rate, employment data, and GDP growth, among others, when deciding on monetary policy. Their decisions are based on their assessment of current economic conditions and their future prospects.

Related The Federal Reserve's decision on interest rates is based on a variety of economic factors, and it is difficult to predict for sure whether they will lower interest rates in June or any other specific month.

Market expectations and speculation do not always accurately predict the actions of the Federal Reserve or other central banks. While lower interest rates may be beneficial to some investors and potentially impact the cryptocurrency market, especially the higher BTC price,

[cryptoaddictchie]

That still in 3months time. But seeing banks collpasing one by one, then fed most likely move is to cut it down. Now we can either see those institutions put money on the crypto side such as bitcoin whereas the chance of winning is highly anticipated. Well not so sure but it will be an interesting months until June to see whether we can see a big movement. But judging from the market I think its preparing for another leg up.

[posi]

As far as I understand in their meeting last night, they did not mention whether they will stop raising rates or will start lowering rates in June, everything is still unclear and they will make a decision depending on the situation economic situation. Inflation is still high so I doubt they will cut rates soon. Due to the recent collapse of banks, they will not be in a hurry to raise rates but will instead increase them slowly and possibly keep rates unchanged until inflation actually falls below 2%. It is difficult to predict what will happen to bitcoin and the economy in the coming months.

[dragonvslinux]

I already talked about how we all should wait for the FED to start cutting interest rates cos it will be a great signal that bitcoin and stock markets WILL go up. (because the economy will get better)

The only issue with this theory is that Bitcoin has de-correlated with the stock market over the past few weeks after a years worth of correlation. Even yesterday stocks went up as Bitcoin pulled back. So the correlation between stock markets and Bitcoin will have to return, otherwise these theories have no subsistence, and if anything the opposite would instead be true.

So today I want to talk about a possible date when it could actually start happening. If you will check the CME website you will see that the market expectation is that FED will start cutting interest rates in June. And it's a very important thing for the economy and crypto.

I still think around June (more generally summer) is when there will be a local top for Bitcoin prior to a pull-back to a more realistic price, since price has continued moving to the upside.


I only say these things as initially when SVB went bankrupt people said "this is bad for Bitcoin", because at the time price had started to pull back towards $20K. Then when Bitcoin pumped back up to $25K people changed their mind and said "this is good fro Bitcoin", because price was rebounding. I imagine if Bitcoin had gone sideways people would of said "this doesn't affect Bitcoin". It's the same old story.

It's almost as if Bitcoin might not be as inter-connected with macro economics as we think, but it's always possible to attribute certain events to Bitcoin's rises or declines...

[Yaunfitda]

As far as I understand in their meeting last night, they did not mention whether they will stop raising rates or will start lowering rates in June, everything is still unclear and they will make a decision depending on the situation economic situation. Inflation is still high so I doubt they will cut rates soon. Due to the recent collapse of banks, they will not be in a hurry to raise rates but will instead increase them slowly and possibly keep rates unchanged until inflation actually falls below 2%. It is difficult to predict what will happen to bitcoin and the economy in the coming months.

If I'm not mistaken, the FED has raising its key interest rate by 0.25 and that's why the price seems to go down below $28k. But we have bounce back to high of $27,700, so I guess the price will continue to rally again this month and could $28k again.

June is just like a couple of months from now, and with that way the bulls are taking control of the market, then it's possible that with or without this kind of outside influence from the FED, the price will continue to grow to $30k.

[Edwardard]

I only say these things as initially when SVB went bankrupt people said "this is bad for Bitcoin", because at the time price had started to pull back towards $20K. Then when Bitcoin pumped back up to $25K people changed their mind and said "this is good fro Bitcoin", because price was rebounding. I imagine if Bitcoin had gone sideways people would of said "this doesn't affect Bitcoin". It's the same old story.

Lol, exactly. Its all about narration and story telling which drives the market.

If I'm not mistaken, the FED has raising its key interest rate by 0.25 and that's why the price seems to go down below $28k. But we have bounce back to high of $27,700, so I guess the price will continue to rally again this month and could $28k again.

It didn't dump after the 25bps hike announcement. It dumped later when powell started his speech saying they might keep raising rates in the future which drived the markets down. Ppl are more like addicted to betting on the future rather than the current on-spot scenario. However, I dont trust any words from Powell now. He keeps changing more often than girls change their dress style.

[Husires]

But you all should know that things won't happen in one day or month. Bitcoin will pump, but then it will start growing slowly. The economy needs some time to recover. But it will already be a starting point for us to buy bitcoin.

Isn't it supposed that the opposite is true, meaning that if the price of bitcoin rises, then it is bad news for those who want to buy because they missed the opportunity to get a lot of currencies at a low price, and therefore the higher the price of bitcoin, the more it will be a problem for you that you will not be able to buy more at a low price.

I see that the current prices are appropriate if Bitcoin continues to maintain it, because new ATH is calculated from the bottom, which is 15K, and therefore new 4 years ATH is between 45k and 167K.

[tabas]

The FED's decision do add some impact to the price of bitcoin. But, let's get it straight that even without them, we'll see bitcoin get back to higher price and that's imminent. For the very reason of halving, everybody knows the effect of it and those that accumulate understands what's in it to the market when it happens. In today's time, the news from FED, banks and other financial institutions is giving sort of affection to the bitcoin market and that's why this speculative market is being more active with their help of them. And with that, it's giving more positive reaction to bitcoin's price.

[el kaka22]

Possibly, but that requires a proof though, are we sure that's going to happen? If the interest rates are lower in June, then 100% sure that the price of bitcoin will go up, but if it is not lower and they keep it steady then we are not going to get any type of increase in bitcoin price, not because of this at least, it could still go up for another reason.

The FEDs decided to increase even now, so I can't really feel like they will drop it in June, the best case in my mind is not to move it any higher, they may keep it as it is, but not drop it. I have to say even increasing it is not out of question yet, but keeping it what it is could be the most likely result.

[ShowOff]

Possibly, but that requires a proof though, are we sure that's going to happen? If the interest rates are lower in June, then 100% sure that the price of bitcoin will go up, but if it is not lower and they keep it steady then we are not going to get any type of increase in bitcoin price, not because of this at least, it could still go up for another reason.

The FEDs decided to increase even now, so I can't really feel like they will drop it in June, the best case in my mind is not to move it any higher, they may keep it as it is, but not drop it. I have to say even increasing it is not out of question yet, but keeping it what it is could be the most likely result.

Bitcoin can go up and down for any reason, and the FED shouldn't be the main reason why bitcoin fluctuates.
We all hope for the bitcoin price to recover and the market to be bullish this year or next regardless of what the FED decides. We are waiting for the bitcoin halving moment, of course I can hope that it drives demand which in turn makes the price go up.

No one can say for sure whether the pump will happen, but I can expect the market to recover before the halving or after. We're currently getting ready to hit $30k, I'm really looking forward to it.

[yhiaali3]

I'm not happy about banks failing one after another because people are losing their money there, but if we look on the bright side of this loss we will see people starting to recognize the importance of Bitcoin and go there.

As the US government's failed policy of always raising interest continues, we will find more bank failures and more trend towards crypto.

My warmest regards to the failed government policy, in fact it is the biggest promotion of Crypto.

[Kemarit]

I'm not happy about banks failing one after another because people are losing their money there, but if we look on the bright side of this loss we will see people starting to recognize the importance of Bitcoin and go there.

As the US government's failed policy of always raising interest continues, we will find more bank failures and more trend towards crypto.

My warmest regards to the failed government policy, in fact it is the biggest promotion of Crypto.

That's beyond our control though, banks failed because they didn't anticipated what will be state of the economy after the covid-19. So it's their fault not ours, but as far as crypto goes (since you are here), then it's a win for us. Again, this banking crisis will further solidify how bitcoin is in terms of hedge during crisis and now is the second best time to see it. Obviously the first time is during pandemic and we've seen that despite seeing it for the first time, bitcoin proved to be the best hedge and as store of value.