Introduction
Unfortunately we have not been with you for a long time, but I am very happy that my latest market forecasts have been largely successful.
General Market Developments
In the past days, the FED has increased the interest rate by 75bp, deepening the sales in the market.
Since the inflation risk still continues, I expect the sales to continue.Global risks continue Russia-Ukraine tension\US-China tension.However, the stock of agricultural products makes it difficult to reduce inflation.
Unfortunately, this may take longer and cause new problems.
BTC/USD
Unfortunately, the crypto market is not and cannot be an inflation hedge tool because it is very volatile. Moreover, it is not clear what kind of roadmap the market will follow in the coming periods depending on the developments in the world. This makes this market risky.
The Cryto market is more in line with the Nasdaq stock market and people invest in the future and technology companies in the periods when there is cheap money (during low interest rates) and abundant money (monetary expansion). Therefore, the situation is not very encouraging. I expect the price to decrease to the level of 10 thousand dollars.However in order for it to be suitable for purchase, the price must recover at the bottom, which will take time. If the price reaches these levels, it can be considered as a long-term investment tool.
The price movements in the Crypto market are very long-term, the wavelengths are very large and the price direction is clear. This provides an ideal environment for making money. It will be very profitable for investors to continue buying when the new bull trend starts, but there is still more time.
The $10k level is an important resistance position here, I think the price end of the decline.
The price decline is very sharp, and the decline is likely to continue in the next month.
Unfortunately we have not been with you for a long time, but I am very happy that my latest market forecasts have been largely successful.
General Market Developments
In the past days, the FED has increased the interest rate by 75bp, deepening the sales in the market.
Since the inflation risk still continues, I expect the sales to continue.Global risks continue Russia-Ukraine tension\US-China tension.However, the stock of agricultural products makes it difficult to reduce inflation.
Unfortunately, this may take longer and cause new problems.
BTC/USD
Unfortunately, the crypto market is not and cannot be an inflation hedge tool because it is very volatile. Moreover, it is not clear what kind of roadmap the market will follow in the coming periods depending on the developments in the world. This makes this market risky.
The Cryto market is more in line with the Nasdaq stock market and people invest in the future and technology companies in the periods when there is cheap money (during low interest rates) and abundant money (monetary expansion). Therefore, the situation is not very encouraging. I expect the price to decrease to the level of 10 thousand dollars.However in order for it to be suitable for purchase, the price must recover at the bottom, which will take time. If the price reaches these levels, it can be considered as a long-term investment tool.
The price movements in the Crypto market are very long-term, the wavelengths are very large and the price direction is clear. This provides an ideal environment for making money. It will be very profitable for investors to continue buying when the new bull trend starts, but there is still more time.
The $10k level is an important resistance position here, I think the price end of the decline.
The price decline is very sharp, and the decline is likely to continue in the next month.