or buy 50% now and if dips to $47k buy the other 50%
LIVE
moonboyscrypto
--
Bitcoin is looking bearish on the 4hr chart. If it dumps below $63,500 i will take a break of 7-14 days from the screens. Lets hope the FOMC will force the price back into the wedge. 👉 $BTC could as well dump to 53k as $ETH pumps .... MEANING THIS COULD BE THE START OF AN ALTCOIN SEASON.
Is Another Recession Looming? A Look at the Warning Signs
The specter of a looming recession is casting a long shadow over the global economy. A confluence of factors, reminiscent of the conditions that precipitated the 2008 financial crisis, is raising concerns among economists and investors alike. Bitcoin, the world's first cryptocurrency, emerged in 2009 as a direct response to the systemic failures that led to the Great Recession. Its decentralized nature and resistance to censorship were seen as potential solutions to the vulnerabilities exposed by the traditional financial system. While Bitcoin has since evolved into a complex asset class, its creation underscores the deep-seated desire for a more resilient economic infrastructure. History often rhymes. A recurring pattern observed in the US economy is the correlation between Federal Reserve interest rate cuts and subsequent spikes in unemployment. This phenomenon suggests that monetary policy tools, while essential for economic stabilization, can have unintended consequences. Moreover, when unemployment surges by more than 14% year-over-year, it tends to trigger a self-fulfilling recessionary cycle. As job losses mount, consumer spending declines, leading to further layoffs and a deepening economic downturn. Today, the US economy is grappling with an unprecedented combination of challenges. The stock market and real estate sectors are experiencing historic overvaluations, while unemployment rates are on the rise. This perfect storm of conditions bears striking similarities to the pre-2008 environment. While it's impossible to predict the future with certainty, the current economic landscape warrants cautious optimism. The lessons learned from the 2008 crisis have led to increased regulatory oversight and a greater emphasis on financial stability. However, the potential for a downturn remains a significant risk. As individuals and businesses navigate these uncertain times, it is crucial to remain informed and adaptable. Diversifying investment portfolios, building emergency savings, and staying abreast of economic indicators can help mitigate the impact of a potential recession.
What will happen AFTER the FED cuts interest rates?
The markets have always reacted the same way 4-8 months after the FED cut interest rates.
In most cases, a rate cut has been followed by a stock market crash if other economic factors were already negative or if investors anticipated more aggressive cuts, suggesting a worsening economic outlook.
Interest rate cuts are generally intended to stimulate the economy, which can positively impact the stock market. However, the specific circumstances surrounding a rate cut and market reaction are complex.
$BTC is bearish in the short term. Plan remains the same, HODL.
LIVE
moonboyscrypto
--
Bitcoin is looking bearish on the 4hr chart. If it dumps below $63,500 i will take a break of 7-14 days from the screens. Lets hope the FOMC will force the price back into the wedge. 👉 $BTC could as well dump to 53k as $ETH pumps .... MEANING THIS COULD BE THE START OF AN ALTCOIN SEASON.
Bitcoin is looking bearish on the 4hr chart. If it dumps below $63,500 i will take a break of 7-14 days from the screens. Lets hope the FOMC will force the price back into the wedge. 👉 $BTC could as well dump to 53k as $ETH pumps .... MEANING THIS COULD BE THE START OF AN ALTCOIN SEASON.