Crypto BULL MARKET BACK?! Here's What You NEED To Know!
Hey Guys,
I’m sure you’ve all been wondering whether the crypto bull market is back. I know that I have! This inspired me to take a closer look at what all the different indicators are saying to try and get an answer to this pressing question.
Not surprisingly, it’s a mixed bag. Price action is bullish, but the volume isn’t there. Crypto regulation is also getting worse in the US, but much better abroad. Crypto could also trade like a commodity in some places, not a risk asset.
On top of that we’ve got interest rates which seem to be peaking, but we may not see a pivot as soon as the markets are expecting. The crypto market cycle also suggests we could see another year of sideways price action, at least for alts.
This is one you can’t miss!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Bitcoin Has Low Liquidity: https://www.reuters.com/technology/cr...
► M2 Money Supply Contracts: https://www.barrons.com/articles/m2-m...
► Hong Kong Regulator Mandates Crypto Bank Accounts: https://cointelegraph.com/news/hong-k...
► Russia Will Use Crypto For Foreign Trade: https://www.wsj.com/livecoverage/stoc...
► Bitcoin Could Rally Near Next Halving: https://decrypt.co/138269/berenberg-a...
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
