Bitcoin should be in the bottom right now, base from our 1st halving analysis but due to global crisis and Feds hawkish move its strongly possible we can see one more LEG DOWN but this would be quick and it wont stay lower
if things goes to plan then price shouldn't go below 13K-14K or this 17k will be the ultimate bottom.
for now we should look how feds will act on july 27 announcement and 28 implementation of feds hike, this 100bps plan will send a strong signal for recession and feds rescue plan, will activate,
a strong possible of hyper inflation to avoid recession, feds hike could go to pause or go back to 0, NO ONE WANT TO SEE MMASSIVE DEFAULT ON LOANS AND CARDS similar to 2008-2009 recession.
god speed to everyone and keep safe, there's always a light in the end of the tunnel.
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