Posted 1/28/2024, 12:45:50 PM
Crypto Rebounds After 2022 Plunge But Faces Uncertainty Ahead
- Bitcoin and crypto prices bounced back after 2022 crash, with a "paradigm shift" potentially causing market turmoil
- Bitcoin price up 80% over last year; JPMorgan issued surprise bitcoin prediction
- Federal Reserve set to end bank funding lifeline, potentially sparking "financial crisis" and forcing Fed to resume money printing
- Fed Chair Powell and Treasury Sec. Yellen "deathly afraid of inflation," braced for more volatility playing havoc with bitcoin price
- Even if bitcoin ETF inflows disappoint, macro environment remains supportive; time to buy bitcoin dips below $38k