People waiting for the market to hand them a better $BTC entry because of potential rate hikes are probably going to miss an entry entirely.
Bitcoin bottomed in November 2022.
The Fed hiked rates three weeks later, then hiked another three times over the following five months.
BTC protected the bottom through every hike and still rallied almost 100% over that period.
A similar sequence played out in 2018. Bitcoin bottomed days before another rate hike, then continued recovering into the end of year.
Bottoming is a process of seller exhaustion and capital recovery. Bitcoin bottoms typically do not wait for macro uncertainty to disappear before beginning that recovery.
Any pullbacks created by market uncertainty into year-end are opportunities to keep adding to your bags, not reasons to run away.
Bitcoin bottomed in November 2022.
The Fed hiked rates three weeks later, then hiked another three times over the following five months.
BTC protected the bottom through every hike and still rallied almost 100% over that period.
A similar sequence played out in 2018. Bitcoin bottomed days before another rate hike, then continued recovering into the end of year.
Bottoming is a process of seller exhaustion and capital recovery. Bitcoin bottoms typically do not wait for macro uncertainty to disappear before beginning that recovery.
Any pullbacks created by market uncertainty into year-end are opportunities to keep adding to your bags, not reasons to run away.
