The recession has begun, in my opinion. Any crash a week or two after the January 21st inauguration would confirm a recession. That's what I told myself last year, and it happened. A time comes when you just want to sit out and watch. If Bitcoin creates a new all-time high, I will jump back in and buy. Otherwise, I will wait for the next Fed interest rate decision. Back in 2008, the markets crashed in early January. Many investors assumed the markets were okay and bought the dip, but the markets kept crashing. On January 21st, the Fed held an emergency meeting and cut interest rates by 75 bps. One week later, they held their normal FOMC meeting and cut interest rates by another 75 bps. In total, the Fed cut interest rates by 150 bps in January 2008. What followed was a year long crash. If Bitcoin were to dump to $70k this month, guess what the Fed would do! There are two conditions for me to jump in: 1. Bitcoin reaches a new all-time high. 2. The next Fed interest rate decision. Otherwise, I'm sidelined for a few weeks. #BTCNextATH? #USJobsDrop #USJoblessClaimsRise #AICrashOrComeback #BitcoinWhaleMove