CRYPTO MARKET WARNING: WHY I HAVE BEEN BEARISH FOR SO LONG ⚠️🚨
The Fed kept interest rates unchanged at 3.75% 4%, but Lisa Cook aur Beth Hammack a 0.25% hike, signaling inflation concerns and increasing the risk of another rate hike in December.
I have been telling you for a long time that interest rates would remain unchanged. I also explained that regardless of whether you follow the official news or not, inflation will remain difficult to control as long as wars continue around the world. Rising oil prices fuel inflation globally, and this is exactly why I have been explaining the bigger picture to you for so long.
The overall market remains bearish, and Bitcoin should have dropped much earlier. However, the market runs on liquidity, and exchanges take full advantage of this by trapping traders and liquidating their positions.
Things were different in the past. I am not saying manipulation never existed, but compared to today, it was far less common.
Look at almost any crypto project today. They sell dreams in the name of adoption, and many people invest without understanding supply, demand, the project’s fundamentals, or the background of the team behind it. They invest purely because of hype, which is one of the main reasons why 90% of people consistently lose money in this market.
Whether it is ADA, XRP, Solana, or any other altcoin, compare their prices with those of two years ago, and you will find many altcoins trading significantly lower.
The reality is that one of the best approaches in this market is to book your profits and move forward rather than holding blindly.
Yet people are still making the same mistakes today.
Most new crypto traders immediately invest in the top 10 altcoins without properly understanding the market or considering the risks.
I believe the market could drop further in the coming period.
Bitcoin’s key support zone is currently around $76K / $78K. If BTC breaks below this zone, the probability of further downside could increase significantly.
If you need personal guidance, feel free to let me know.
#btc
The Fed kept interest rates unchanged at 3.75% 4%, but Lisa Cook aur Beth Hammack a 0.25% hike, signaling inflation concerns and increasing the risk of another rate hike in December.
I have been telling you for a long time that interest rates would remain unchanged. I also explained that regardless of whether you follow the official news or not, inflation will remain difficult to control as long as wars continue around the world. Rising oil prices fuel inflation globally, and this is exactly why I have been explaining the bigger picture to you for so long.
The overall market remains bearish, and Bitcoin should have dropped much earlier. However, the market runs on liquidity, and exchanges take full advantage of this by trapping traders and liquidating their positions.
Things were different in the past. I am not saying manipulation never existed, but compared to today, it was far less common.
Look at almost any crypto project today. They sell dreams in the name of adoption, and many people invest without understanding supply, demand, the project’s fundamentals, or the background of the team behind it. They invest purely because of hype, which is one of the main reasons why 90% of people consistently lose money in this market.
Whether it is ADA, XRP, Solana, or any other altcoin, compare their prices with those of two years ago, and you will find many altcoins trading significantly lower.
The reality is that one of the best approaches in this market is to book your profits and move forward rather than holding blindly.
Yet people are still making the same mistakes today.
Most new crypto traders immediately invest in the top 10 altcoins without properly understanding the market or considering the risks.
I believe the market could drop further in the coming period.
Bitcoin’s key support zone is currently around $76K / $78K. If BTC breaks below this zone, the probability of further downside could increase significantly.
If you need personal guidance, feel free to let me know.
#btc
