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Author Topic: Bitcoin will pump soon? Lower interest rates in june.  (Read 473 times)
jrrsparkles
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March 31, 2023, 04:09:14 PM
 #41

I'm sure that price of Bitcoin will bump sooner or later, while I am not sure that FED will actually reduce the interest rate and some of the economy experts says that there may be 0.25% increase in the Q3 of 2023 which will affect the whole economy on the other hand its the best time for investors to start their investment before the rate change.









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Tellek Garing
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March 31, 2023, 07:47:25 PM
 #42

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 Wink
We have seen a significant market recovery and increase in profits since this post was published on March 22nd, 2022. Bitcoin has once again proven all those who predicted it would fall to $10,000 or $5,000 incorrect. I believe this year will be even better, and I am excited about what the future holds as June approaches. We're crossing our fingers for good news.
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March 31, 2023, 08:51:45 PM
 #43

There are still a couple of significant hurdles for the Bitcoin market before it’s off to the moon. Besides regulation getting tighter and trying to cut off the on-ramps, the government is also planning to sell $4,000,000 worth of BTC every day (on average) for the rest of the year. Then you also have the mtgox distribution… Once the market gets used to that supply rate we’ll see the halving and then it will be blast off.

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April 01, 2023, 11:17:16 PM
 #44

OP please stop calling people 'crypto bros'. That's insulting.


And lol if you think the Fed is gonna cut the interest rate anytime soon. They haven't even finished RAISING it!! And even when they finish raising it (which could be soon, I wouldn't be surprised if May or June is the last raise), they will likely hold at that rate for a while. I wouldn't expect the rate to be start being cut until next year.  So expect a 5.0+ interest rate the rest of this year.

Bitcoin doesn't need interest rate cuts to take off. But as long as the interest rate raises stop that'll be huge for Bitcoin because it is the raising that is scaring off investors. Once investors know the rate will be stable and won't go up anymore they won't be scared to invest in things.
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April 02, 2023, 04:18:39 PM
 #45

Bitcoin speculation is an overly hard thing to do because of bitcoin's volatility and unpredictability, and any prediction that projects a high market in the next few months may b high-risk speculation and basing its possibility on Sec is another sceptical approach since we don't know what the sec will put out later.

But is best for the moment and most favourable to invest spare money so that you won't be under pressure when you need to wait longer than you speculated due to volatility.

R


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April 02, 2023, 06:08:49 PM
 #46

We have seen a significant market recovery and increase in profits since this post was published on March 22nd, 2022. Bitcoin has once again proven all those who predicted it would fall to $10,000 or $5,000 incorrect. I believe this year will be even better, and I am excited about what the future holds as June approaches. We're crossing our fingers for good news.
Apart from the increase that has been quite significant and with a little encouragement from the good news, I also still really believe in Bitcoin which will continue to make price improvements this month (April) and besides that I am also waiting for Bitcoin to be at $ 30K in this month because this price could not be reached by Bitcoin in the last month (March), but I am still very optimistic that this price can be reached this month by Bitcoin if the support from buying volumes can continue to increase and not cause too deep crashes.

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April 05, 2023, 02:42:25 PM
 #47

I'm also optimistic that bitcoin will soon be a bull run, sometimes the small correction that is happening right now is a test for us whether we will panic or buy more, if we know bitcoin for at least 2 years then we will buy more, opportunities are limited and we will regret it if we miss it best chance to buy.


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April 05, 2023, 02:51:17 PM
 #48

I'm also optimistic that bitcoin will soon be a bull run, sometimes the small correction that is happening right now is a test for us whether we will panic or buy more, if we know bitcoin for at least 2 years then we will buy more, opportunities are limited and we will regret it if we miss it best chance to buy.
It means that you are currently buying more Bitcoin, of course, because you have known Bitcoin for more than two years. Small corrections still continue to occur in Bitcoin, but small increases have also occurred so often that it would not be wrong if everyone wanted to take advantage of the current conditions to keep buying. Especially for some people who like to trade in the short term, of course, taking advantage of the current moment is not wrong because profits can be obtained as soon as possible, even though they are small.
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April 05, 2023, 05:28:30 PM
Merited by fillippone (1)
 #49

I'm also optimistic that bitcoin will soon be a bull run, sometimes the small correction that is happening right now is a test for us whether we will panic or buy more, if we know bitcoin for at least 2 years then we will buy more, opportunities are limited and we will regret it if we miss it best chance to buy.
It means that you are currently buying more Bitcoin, of course, because you have known Bitcoin for more than two years. Small corrections still continue to occur in Bitcoin, but small increases have also occurred so often that it would not be wrong if everyone wanted to take advantage of the current conditions to keep buying. Especially for some people who like to trade in the short term, of course, taking advantage of the current moment is not wrong because profits can be obtained as soon as possible, even though they are small.
If we look at the development of the Bitcoin price since the beginning of this year, it is clear that there are more positive trends than small corrections that have occurred, so it is only natural that many believe that the Bitcoin price will continue to move in a positive direction this June, even though it will be slow.
personally I believe that until now it is still categorized as the right time to buy Bitcoin either for the long or short term.

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April 05, 2023, 05:56:12 PM
 #50

Bitcoin speculation is an overly hard thing to do because of bitcoin's volatility and unpredictability, and any prediction that projects a high market in the next few months may b high-risk speculation and basing its possibility on Sec is another sceptical approach since we don't know what the sec will put out later.

But is best for the moment and most favourable to invest spare money so that you won't be under pressure when you need to wait longer than you speculated due to volatility.

They have to raise it at least one more time. >>>> lots of face saving involved and they look weak if they pause or cut here. so 0.25% is pretty much certain.

That will be may 3 or so.

I think

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April 06, 2023, 08:18:45 AM
 #51

I'm also optimistic that bitcoin will soon be a bull run, sometimes the small correction that is happening right now is a test for us whether we will panic or buy more, if we know bitcoin for at least 2 years then we will buy more, opportunities are limited and we will regret it if we miss it best chance to buy.
Most people are not in panic mode right now and that increase helped us become like this. If we had like a thousand dollars or so drop just a few months ago, then we wouldn't be able to hold this long, I would because I did, but many wouldn't because they panic sell.

However, since we moved from 16k levels to 28k levels, many people got a lot more brave and thanks to that we are doing a lot better. I hope that it happens to be something that is a lot better and we could end up with something that benefits us the most. I know it is not going to be easy to decide for something like this and it is going to hurt us a lot, but I believe we should just hold no matter what happens.

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April 06, 2023, 01:51:52 PM
 #52

I'm also optimistic that bitcoin will soon be a bull run, sometimes the small correction that is happening right now is a test for us whether we will panic or buy more, if we know bitcoin for at least 2 years then we will buy more, opportunities are limited and we will regret it if we miss it best chance to buy.
Most people are not in panic mode right now and that increase helped us become like this. If we had like a thousand dollars or so drop just a few months ago, then we wouldn't be able to hold this long, I would because I did, but many wouldn't because they panic sell.

However, since we moved from 16k levels to 28k levels, many people got a lot more brave and thanks to that we are doing a lot better. I hope that it happens to be something that is a lot better and we could end up with something that benefits us the most. I know it is not going to be easy to decide for something like this and it is going to hurt us a lot, but I believe we should just hold no matter what happens.

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.

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April 06, 2023, 03:21:45 PM
 #53

I'm also optimistic that bitcoin will soon be a bull run, sometimes the small correction that is happening right now is a test for us whether we will panic or buy more, if we know bitcoin for at least 2 years then we will buy more, opportunities are limited and we will regret it if we miss it best chance to buy.
Most people are not in panic mode right now and that increase helped us become like this. If we had like a thousand dollars or so drop just a few months ago, then we wouldn't be able to hold this long, I would because I did, but many wouldn't because they panic sell.

However, since we moved from 16k levels to 28k levels, many people got a lot more brave and thanks to that we are doing a lot better. I hope that it happens to be something that is a lot better and we could end up with something that benefits us the most. I know it is not going to be easy to decide for something like this and it is going to hurt us a lot, but I believe we should just hold no matter what happens.

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.

Speculations are just created base on the current trend or if there's a good updates that possibly came. If we see saying that they are 100% sure then they are lying because so far bitcoin is always unpredictable so all we can read is just sentiments of the people which we can look up as a reminder for us to think some good strategies if our expectation will not came.

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April 06, 2023, 06:41:40 PM
 #54

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.

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April 06, 2023, 07:33:52 PM
 #55

If we look at the development of the Bitcoin price since the beginning of this year, it is clear that there are more positive trends than small corrections that have occurred, so it is only natural that many believe that the Bitcoin price will continue to move in a positive direction this June, even though it will be slow.
personally I believe that until now it is still categorized as the right time to buy Bitcoin either for the long or short term.
It's still April, not June. Indeed, it is very natural for everyone to think at this time because in general it is still very good and it is not too late to buy Bitcoin if you still have unused funds for other things. But for now Bitcoin still needs more people to push the price increase gradually every month so that Bitcoin continues to be eyed by many people this year so that it can give birth to even better moments and trends in the next year.
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April 06, 2023, 08:35:00 PM
 #56

There are still a couple of significant hurdles for the Bitcoin market before it’s off to the moon. Besides regulation getting tighter and trying to cut off the on-ramps, the government is also planning to sell $4,000,000 worth of BTC every day (on average) for the rest of the year. Then you also have the mtgox distribution… Once the market gets used to that supply rate we’ll see the halving and then it will be blast off.
The current batch of Bitcoins worth about $216m seized from the Silk Road case didn't really have that much of an impact on the market when they sold them on the 14th of March. So I think the market can easily take the remaining batches as well without getting much of a bump or dump, though I'm not sure about the mtgox distribution and how impactful that can be.

The regulations are definitely on the surge at the moment, with platforms being seized, some getting warnings, and CBDCs are created probably to replace cryptocurrencies within the platforms that they can get control over and target the rest that they can't.

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April 06, 2023, 09:32:26 PM
 #57

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.
It sounds funny, but it is a true way if we don't want to feel confused about the up-down of Bitcoin price.
If we learn from the previous bullish history, you are right that 2024-2025 is the time for the pump of Bitcoin price. It won't be around $30k anymore, I am sure the price is already around $40k-$50k, or even higher than $60k in Q3-Q4 of 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.
However, it is just one of the signals. I also don't really care about it. I prefer to focus on waiting for the next BTC halving.  Grin


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April 06, 2023, 09:45:55 PM
 #58

If we look at the development of the Bitcoin price since the beginning of this year, it is clear that there are more positive trends than small corrections that have occurred, so it is only natural that many believe that the Bitcoin price will continue to move in a positive direction this June, even though it will be slow.
personally I believe that until now it is still categorized as the right time to buy Bitcoin either for the long or short term.
It's still April, not June. Indeed, it is very natural for everyone to think at this time because in general it is still very good and it is not too late to buy Bitcoin if you still have unused funds for other things. But for now Bitcoin still needs more people to push the price increase gradually every month so that Bitcoin continues to be eyed by many people this year so that it can give birth to even better moments and trends in the next year.

It's a prediction, that's why he is looking for the June pump and whatnot. But if we look at the price right now, it seems that we are having a hard time to break $29k at least. And we are trading sideways for at least 2 weeks now. It could be a good sign that we might have slowed down a bit, but the control is with the bulls.

As for investing, yeah, if you have capital to begin with, then invest right now. We are looking for like $100k in the next bull run.

So with the current price, if will still give us a good returns in 2024-2025.
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April 06, 2023, 09:57:32 PM
 #59

There are still a couple of significant hurdles for the Bitcoin market before it’s off to the moon. Besides regulation getting tighter and trying to cut off the on-ramps, the government is also planning to sell $4,000,000 worth of BTC every day (on average) for the rest of the year. Then you also have the mtgox distribution… Once the market gets used to that supply rate we’ll see the halving and then it will be blast off.
The current batch of Bitcoins worth about $216m seized from the Silk Road case didn't really have that much of an impact on the market when they sold them on the 14th of March. So I think the market can easily take the remaining batches as well without getting much of a bump or dump, though I'm not sure about the mtgox distribution and how impactful that can be.

The regulations are definitely on the surge at the moment, with platforms being seized, some getting warnings, and CBDCs are created probably to replace cryptocurrencies within the platforms that they can get control over and target the rest that they can't.
Lots of things currently happening on the market or economy as a whole but we arent really that much affected if we do speak about Bitcoins price.Rather than on declining or dumping we do rather see

the opposite thing which does really shows up that it could really withstood out these economic problems that we are facing. Lower interest or high it wont really matter but of course we cant really
that deny that these situations could really make out some effect but of course everything would really be entirely be depending on how the community
would be making out reactions out of these sentiments.
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April 07, 2023, 02:18:31 AM
 #60

There is no doubt that bitcoin will pump soon, the indications for a pump are very large because the current price is close to $30k, if the price of $30k is passed then it is certain that this year it will be easy to make new ATH again, many even believe this year's ATH will past $100k.

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