What will happen to Bitcoin? My thoughts (already >$62,000)

It is surprising, of course, that the price of Bitcoin is almost all-time-high - and only a few thousand dollars are missing to break the record of the end of 2021 - while from an economic point of view we are still far from recovery, for example, the refinancing rate (= cost of money ) maximum over the last ~25 years.

I remember when BTC was $17-22k and I broadcast that I needed to buy it, many told me: “the last growth cycle was due to very cheap money and almost zero rates of central banks, this time there will be no such growth, since the rate is high and liquidity No".

My theory was that there is a lot of instability in the world and states are devaluing their currencies at such a speed that BTC simply cannot help but take off, absorbing (soaking up) these resources like a “sponge.”

Now another question arises ⬇️

“If even now the price of BTC is almost at its maximum values ​​with high rates (=expensive money), what will happen then when they start to reduce the rate and then it becomes low again, when there is really a lot of liquidity in the markets?”

Rhetorical question 😄

Separately, I’ll add that it amuses me when people try to predict the exchange rate based on technical analysis, or some other factors, instead of looking at what really affects the macro level:
- The rate of currency depreciation in the world (key factor)
- Halving and general emission (very important)
- Instability in the world (an accelerating factor)
- Economic cycle (accelerates or slows down depending on time, now it will accelerate with lower rates)
- Regulation (positive or negative factor, the adoption of the BTC ETF is undoubtedly very positive news)
- and other fundamental factors

❓How much do you expect the price of BTC in this cycle? Do you agree with my reasoning?
Your thoughts in the comments