Sometime in early Q2 of 2024 the Bitcoin network will experience it's fourth supply cut,
Economically I am seeing rapid cooldown of inflation with month over month inflation currently sitting at -0.10 month over month
5 year forward expectation rate of inflation as of today is currently sitting at 2.16 only 16 basis points away from 2% target
in my opinion inflation should level off in about 1 and a half months from now maybe around end of Q1
but in the immediate term we are also facing a debt ceiling crisis where the debt ceiling will need to be raised or suspended by the end of next week.
additionally short term government bonds are yielding higher than the long term government bonds
specifically the 2 month is yielding higher than the 2 year bond
the situation is an inverted yield curve during a liquidity crunch
therefore in my opinion this places Bitcoin in a 2015 situation and I expect long term logarithmic growth
and the occasional aggressive parabola
***Not financial advice always do your own research educational purposes only under the right of fair use***
Economically I am seeing rapid cooldown of inflation with month over month inflation currently sitting at -0.10 month over month
5 year forward expectation rate of inflation as of today is currently sitting at 2.16 only 16 basis points away from 2% target
in my opinion inflation should level off in about 1 and a half months from now maybe around end of Q1
but in the immediate term we are also facing a debt ceiling crisis where the debt ceiling will need to be raised or suspended by the end of next week.
additionally short term government bonds are yielding higher than the long term government bonds
specifically the 2 month is yielding higher than the 2 year bond
the situation is an inverted yield curve during a liquidity crunch
therefore in my opinion this places Bitcoin in a 2015 situation and I expect long term logarithmic growth
and the occasional aggressive parabola
***Not financial advice always do your own research educational purposes only under the right of fair use***