Jan 2024 Prediction with the most Hopium I can give it right now
With the upcoming recession do we see a market that capitulates and recovers. We could see that happen but I still think the next year and a half is going to be tough times. I think policy might not be fixed for this time but we will have enough stability to hold firm at over 3200 /ES. Time will tell and I think BTC is going to have to wait at around $15,000 USD especially if the USD stays strong. Overall still bullish on what Bitcoin can be used as a financial instrument and as the digital commodity. It will shrug off its association with all the alt coins which should probably be consider securities in the most part as well as all the scam tokens that have popped up. Regulation and Spot ETF would also help allow the asset to be used by bigger players.
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