Nowadays crypto currency You see that analysts’ predictions about markets are reduced. Because it is quite difficult to cut the direction while one in both directions is expected to volatility. If this causes crypto money analysts to be cautious even in their estimates, it should not be difficult to understand the weakness of the risk appetite in subcoins? Fortunately, JPMorgan CEO may have signaled the crypto rise.
Why will crypto coins rise?
Current Fed We saw interesting things in their members’ statements. They started to pronounce 5 %for unemployment while attracting growth to 1 %. Even 4.5 %was enough for the markets to expect “alerting for Fed interest rate cuts”. So what’s the expectation while both inflation and unemployment increase? Recession, maybe even worse, depression.
WCLEMENTEII, in today’s assessment of the recent statements made by the JPMorgan CEO, this said that this said that Bitcoin price can explain the relatively strong stance.
“Jamie Dimon called on the Fed to intervene in a short time if the dysfunction in the treasury market continues. I think the relative power of BTC smells it.
BTCThe probability of breaking the bottom levels of Monday in Monday <20%. ”
“Basically we hit the bottom and no need to intervene = accumulate some bitcoin. Or, we are on the verge of intervention, the market understands that BTC is the fastest horse = accumulate a little bitcoin.
Digital gold I think it is a very asymmetric point for. “
He will only show whether he is right or not because I got up one morning and decided to freeze tariffs.
Why doesn’t the crypto increase while the dollar falls?
A good question because Dxy While going down to the bottom for several years BTC It doesn’t rise and what we normally see is the opposite. Daancrypto focused on this issue by sharing the graph below and discussed the reasons.
“DXY has watched weakness and now has returned to the low range of support many times in the last few years. In general, it supports risky assets such as a weak dollar BTC, but if there is something BTC loves, it is liquidity increases.
Global liquidity is gradually increasing, but still not at the levels seen at the end of the Covid printing period. One face melting BTC We need lower rates for the rally and QE. These will eventually come because this is what the central banks always apply. ”
Ali Martinez is satisfied with 453 thousand ETH, which makes the exit from the central stock exchanges in the last 5 days, although we do not see the price in the price. Stock market outlets feed the expectation of rise.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
