Big banks like JP Morgan might not like Bitcoin because it's taking money away from them. But Bitcoin's about to go through a halving event, which has made its price shoot up before. Plus, if the Fed cuts interest rates, Bitcoin could get even more valuable, just like it did in the past.
Now isn't the time to be playing around in the crypto market. The time to buy is coming, but not right now. Bitcoin is not the opportunity at the moment, but it's fun to watch people get excited about liftoff. There is no telling what impact the upcoming SEC trial could have on the crypto market, but let's see what happens with that. I'm bullish on crypto throughout this year into next year, but I'm also seeing the market as overbought and primed for a pullback that most people aren't ready to accept in March or April of 2024. Buy the dip.
Big banks like JP Morgan might not like Bitcoin because it's taking money away from them. But Bitcoin's about to go through a halving event, which has made its price shoot up before. Plus, if the Fed cuts interest rates, Bitcoin could get even more valuable, just like it did in the past.
Now isn't the time to be playing around in the crypto market. The time to buy is coming, but not right now. Bitcoin is not the opportunity at the moment, but it's fun to watch people get excited about liftoff. There is no telling what impact the upcoming SEC trial could have on the crypto market, but let's see what happens with that. I'm bullish on crypto throughout this year into next year, but I'm also seeing the market as overbought and primed for a pullback that most people aren't ready to accept in March or April of 2024. Buy the dip.