MultiversX Tracker is Live!

Bitcoin Bottom Confirmed, But Dont Get Hopes High Until Fed Lowers Rates and Conflicts End

All Cryptocurrencies

by COINS NEWS 750 Views

  • Cryptocurrency markets have finally bottomed out with Bitcoin nearing $80k.
  • We expect a market-wide surge to $100k per BTC; however, further gains are capped due to high Federal Reserve interest rates, which have choked market liquidity.
  • Derivatives data suggest we might see a sell-off around $100k. However, a fall below $70k might not happen in the near future.
  • Any surge above $100,000 has to be accompanied by a strong market signal, such as a lowering of interest rates, the end of global conflicts, and the resurgence in economic growth in primary markets

Source: A2Z Cryptocurrencies

submitted by /u/tractorix
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments