The 4 events from now until the end of 2024 can be understood in 2 directions affecting #Bitcoin like this:
1. US presidential election 🇺🇸
If Donald Trump wins, he will ease regulations and innovation in crypto as he recently sold NFTs & spoke about.
If Joe Biden wins, I believe a large number of people will opt out of the traditional financial system by taking their money out of banks and buying (inflation-proof) bitcoin.
2. Recession - economic crisis
If there is a crisis, #Bitcoin will have the opportunity to fulfill its own mission for the first time in 15 years (BTC was born because of the 2008 crisis). Money will be pumped out to save and…
If there is no economic crisis, people will be happy, spend again, and the story of inflation will be mentioned again. Investors are motivated to find tools to store value and store purchasing power. Bitcoin will still 🚀
3. Will the FED reduce interest rates?
If there is a decrease this year, money will be printed and pumped again. Assets increase again & Bitcoin always increases first!
If there is no reduction this year, it proves that inflation is still high → the inflation story will be told for a long time. The motivation to buy BTC in recent years is mainly to... fight inflation!
4. Is war spreading - is there a ww3?
If so, BTC will fall deeply very quickly. But soon everyone realized that war requires finding *some shelter*. And BTC is a pretty good "haven".
If it doesn't exist and doesn't spread, there's nothing left to release every day and BTC will still be on the growth path. Just like BTC doesn't care about the war between Russia and Ukraine over the past 2 years