December Crypto Rebound? Here’s What Coinbase Is Saying
Coinbase is calling for a potential market recovery in December after last month’s heavy drop.
The reason?
The Fed ended quantitative tightening on December 1
Chances of a rate cut are near 90%, creating a friendlier macro setup
Liquidity is improving as we head into the FOMC meeting
Coinbase also says the AI boom is alive, keeping risk-on assets like crypto supported. Their custom M2 index, which predicted November’s weakness, now points to a December reversal and the start of a new momentum phase.
Analyst Ash Crypto adds more bullish fuel:
The Russell 2000 is close to breaking its 2021 all-time high
Historically, when the Russell breaks out, altcoins follow with explosive upside
Fear from the 10/10 crash and wiped-out leverage has reset the market — a setup that often leads to big rallies
All eyes are now on the Russell 2000. If it breaks out… alts may ignite next
#BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #BinanceHODLerZBT
