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There is only 1 chart you need to look at! Stop being naive and wake up! The overall Crypto market cap! I see so many misleading posts across many platforms saying how bitcoin will hit 100k and AlTs are going up 40-200% in some cases.(Soon) I said in an early post if we see $BTC $75k + and AlTS pump 30%+ in the next months I’m out, this was not based on nothing it was based on the Crypto MC. In 2021 when Crypto hit $3 trillion the financial world was far different,inflation was rising but MOST importantly INTEREST RATES were 80-90% LESS what they are now globally. Monetary policy was eased and there was $billions in government fiscal stimulus,hundreds of $billions worldwide. What does this mean, It means people,institutions could borrow money and re finance money at FAR lower rates. Today interest rates are high and have been across the world for over a year, all the people,companies borrowing money are paying far far more AND delinquency on this is rising, they can’t afford to repay the debt,when this happens it has a snowball effect,companies fall ,smaller banks and so on and so on. This is CURRENTLY happening,not could happen,IT IS HAPPENING!. We need another $500 billion injection in Crypto to go over $3 trillion MC and to reach the numbers some people are saying we need $trillions more.From where? If Trump is elected,makes promises during this election, don’t be fooled, he faces a US economy in big trouble. Yesterdays FOMC minutes proved the FED is lost,there is no direction only stalling. China, Japan are selling off billions in in US backed treasuries and assets, the BRICS currency is a threat to the dollar,also nations looking for the $ to not be the std in the commodities trade,Trump WILL NOT allow Crypto to threaten the USD dominance even more I promise. Stop looking at YT shorts or false signs of a parabolic bull run coming, for that to happen we need money,Crypto MC at $3T is a 3x in a year,we are around the point the bubble will pop I promise, any further upside to $3 trillion and GET OUT. #ETHETFS #altcoins #BTC #BlackRock

There is only 1 chart you need to look at!

Stop being naive and wake up!

The overall Crypto market cap!

I see so many misleading posts across many platforms saying how bitcoin will hit 100k and AlTs are going up 40-200% in some cases.(Soon)

I said in an early post if we see $BTC $75k + and AlTS pump 30%+ in the next months I’m out, this was not based on nothing it was based on the Crypto MC.

In 2021 when Crypto hit $3 trillion the financial world was far different,inflation was rising but MOST importantly INTEREST RATES were 80-90% LESS what they are now globally.

Monetary policy was eased and there was $billions in government fiscal stimulus,hundreds of $billions worldwide.

What does this mean,

It means people,institutions could borrow money and re finance money at FAR lower rates.

Today interest rates are high and have been across the world for over a year, all the people,companies borrowing money are paying far far more AND delinquency on this is rising, they can’t afford to repay the debt,when this happens it has a snowball effect,companies fall ,smaller banks and so on and so on.

This is CURRENTLY happening,not could happen,IT IS HAPPENING!.

We need another $500 billion injection in Crypto to go over $3 trillion MC and to reach the numbers some people are saying we need $trillions more.From where?

If Trump is elected,makes promises during this election, don’t be fooled, he faces a US economy in big trouble.

Yesterdays FOMC minutes proved the FED is lost,there is no direction only stalling.

China, Japan are selling off billions in in US backed treasuries and assets, the BRICS currency is a threat to the dollar,also nations looking for the $ to not be the std in the commodities trade,Trump WILL NOT allow Crypto to threaten the USD dominance even more I promise.

Stop looking at YT shorts or false signs of a parabolic bull run coming, for that to happen we need money,Crypto MC at $3T is a 3x in a year,we are around the point the bubble will pop I promise, any further upside to $3 trillion and GET OUT.

#ETHETFS #altcoins #BTC #BlackRock

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Further macro information to be aware of. I know I just posted but I feel a few things need further explanation. Firstly please refer to my post about the $2.6 trillion crypto market cap if you are wondering when the next bull run could start. We have had $1.5 trillion injected into crypto in less than a year, we have had a bull run. The Spot BTC ETFs have an $83 billion market cap, the other $1.4 trillion has come from other investments into crypto, crypto as a whole has had a bull run, the next leg up will be much harder. USD Interest rates will determine crypto price, With the decisions by EU,Canada,Switzerland to lower interest rates it puts more spotlight on the Fed, add to this we have elections coming and it makes the timing and outcome of their policy decisions more difficult to accurately predict. This is why I feel only buying BTC and ETH makes sense at current prices(for a larger % of your portfolio), should we resume the bull run you have the upside, should we get bad economic news then these will be the most secure and will rebound the fastest. Until we break $2.6 trillion Crypto market cap and sustain it we have no clear indication of a new bull run, we will most likely just keep seeing slightly bullish conditions only to then go backwards or have massive liquidations based on USD data or the FEDs decision. It is hard to accept but these are the facts, to go much higher than the current crypto MC we need US interest rates to fall and we need global tensions to remain stable. I do a lot of research to try give the best and most accurate advise I can, I can’t however predict what effect the lowering of interest rates in other countries or the election will have on the FEDs decision. Basically now, more than ever it it’s important to focus on larger global and crypto macro trends when deciding if you want to buy into any project. ✌️ #FIT21 #TopCoinsJune2024 #altcoins #BTC
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Wednesday is KEY!! Nothing else really matters for crypto right now. I am going to try keep this simple for newer traders. On Wednesday we have CPI news, the Federal funds rate and FOMC meeting. The FED funds rate will remain at 5.5%, this is a near certainty and priced in. CPI data is expected to be as predicted with a possible drop of 0.1% in Y/Y The FOMC meeting will likely state the rates will need further progresss, it could be volatile during the event but will likely just mean the FED needs more data in coming readings.(shocks do happen) The Jobs data on friday which shook the crypto price was because this makes a July cut nearly impossible, it also makes it more likely we see 1 interest rate cut and not 2 this year. If you dont understand interest rates, simply we want them to drop, it would lead to more money going into crypto. My thoughts, I feel the market is slightly bearish for most ALTs at the moment. Important to note is the BTC spot ETFS have had 19 days of positive flows, to me this shows that institutional investors are still seeing value at $65k-$70k BTC prices. I feel the large investors and funds are seeing BTC as a store of value and it is unlikely we see BTC dominance fall enough to start a parabolic ALT cycle. At the CURRENT market prices i feel only BTC, ETH are worth investing a large part of your portfolio in.(Long Term) I think other projects like SOL,BNB,TON,DOGE and a few others are also solid long term plays just not for most of your funds. If you want to invest in other projects now i think only allocate 10-15% of your bankroll.(Long term spot) I still hold many coins,tokens but all at lower prices, i think we might see further price drops in the weeks-months to come, i dont think we are currently in a dip. This is just my view, i dont want to sway your decisions if you are making an educated and researched decision, i dont follow every crypto project so you might know a lot more about a certain project than i do. I am always happy to answer questions. Peace #ETHETFsApproved #BTC #altcoins #TopCoinsJune2024
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