A no rate cut could be short-term bullish for crypto while putting pressure on stocks and metals.
Crypto moving against liquidity often signals a potential trend reversal
Crypto moving against liquidity often signals a potential trend reversal
منشور
BeyOglu - The Analyst
·
--
Three Consecutive Rates cut but Bitcoin amd crypto remain Bearish. A no rate cut will bring bullish momentum in crypto market?
Only 3 hours remaining in FOMC meeting.
The Answer is Probably "Yes". while the 3 rates has been bullish for stocks, Gold and silver and bearish for crypto.
A no rates cut can bring short term bullish momentum in crypto and can turn short term bearish for stock, Gold and silver.
The reason is simple dollar is getting weaker everyday so probably the money will flow towards risk assets. Im expecting another pump of Bitcoin to $97k and a 5%-10% major alt coin rally.
Not giving any opinions about gold right now but Im quite sure silver $XAG is coming down below 105$ this week.
The reason behind my this observation is Crypto is moving against the liquidity.
Drop your opinion in the comment section .
#FedWatch
Only 3 hours remaining in FOMC meeting.
The Answer is Probably "Yes". while the 3 rates has been bullish for stocks, Gold and silver and bearish for crypto.
A no rates cut can bring short term bullish momentum in crypto and can turn short term bearish for stock, Gold and silver.
The reason is simple dollar is getting weaker everyday so probably the money will flow towards risk assets. Im expecting another pump of Bitcoin to $97k and a 5%-10% major alt coin rally.
Not giving any opinions about gold right now but Im quite sure silver $XAG is coming down below 105$ this week.
The reason behind my this observation is Crypto is moving against the liquidity.
Drop your opinion in the comment section .
#FedWatch
إخلاء مسؤولية: يتضمن آراء جهات خارجية. لا تُعدّ نصيحة. يُمكن استخدام Binance AI دون أي ضمان. اطلع على الشروط والأحكام.