Waiting for:
A global crisis on the way that could trigger a change in the world monetary system
If the USD still used as weapon a new reserve currency or basket might take over.
At least one BTC institutional bubble and one big crash
If so, is irrelevant to measure BTC against USD or any other Fiat, the numbers will be absurd, but purchasing power could...
With November Monthly close, i'm updating my view for BTC before the halving. I want to share with you my thought process and ideas in which you may found value to make your own vision.
The main goal is to give me a global view and idea to neutralize my bias by looking at possible outcomes and take it however the market bring it, and then make a decision by...
Hypotheses :
Scenario:
We are in a late cycle, expecting more FED interest rates hikes, and the TVC:GOLDSILVER at 70+ level, and strong USD TVC:DXY
if:
$DXY stays strong and more FED QT
then:
At least a 28% correction in the money supply and Precious metals correction
May Hedge with cryptocurrencies COINBASE:BTCUSD
else:
Kind of stagflation...
Because Macroeconomics situation , inflation , recession , and FUD over geo political situation. Could play as triggers for Speculators Money to leave the market. and Smart Money to delay market entry.
Otherwise if global economy reverse and keep running up 30k target in place
