$USTC Currently, according to this supply, it should have risen above $0.10 long ago. It should have achieved this without any other crypto pairs opening transactions with ustc. Besides, if it had a future, opening a trading pair in popular altcoins or opening a trading pair only in bitcoin pairs could have taken ustc coin above $0.10 long ago. But investors are being stalled with empty promises and updates. This path is being implemented consciously. Do not believe those who promise you a future here. This place is full of phenomena that attract investors and reduce losses. I saw this and did not invest, or I invested and when I saw the FUD news, I exited and the coin rose and saw $1, do not say what happened. Act with reason, not with conscience.
According to the 4-year halving cycle in Bitcoin, if they put #ustc in such a cycle, the recovery process of ustc coin, which collapsed in 2022, may take until 2026, that is, the altcoin rally has always been bitcoin has seen 150 thousand dollars, it is a bit absurd to expect ustc to rise at the beginning of the bear season. ustc seems to be a token that will pacify investors in the crypto rally season because it will rise. even the fact that it has not seen $ 0.10 despite the decrease in supply from burnings so far is a clear indication of this. It seems like everything was planned to make investors miss the rallies. It has not been seen to rise to a certain level yet. $USTC Those who buy $ 0.02 and dream of $ 1, I do not want to break your mind, but there is no such way of making money right now. It will rise gradually and if I say it will reach 2026, the first level does not even see $ 0.10. Being realistic always pays.
What is the accuracy of the ustc chart? The chart is an upper continuation chart. The first target is $0.081, if it breaks the channel, ustc is $0.15. If there is a formation that I cannot see, please specify?
The $$USTC 1 fix should start. ustc BTC trading pair should be opened, trading pairs with other popular coins should be opened, ustc should be brought back to $1 fix. Otherwise, it is very difficult to instill confidence in the crypto exchanges they left behind.
The decline started at $BTC to the level I expected, this time I said the money coming out would start the altcoin season and I was wrong again. There were also money outflows from altcoins. The formation bottom contacts were pinned in almost all of the altcoins. After this, the status of the altcoins became clear. Since they have nowhere left to fall, we will wait for them to be removed from the list 😂#Binance #btc #Bitcoin #USDT #others
What happens if central banks raise or lower interest rates? Why are these important? Let's talk about this a little bit.
If central banks increase interest rates, they resort to tightening policies to prevent social unrest. It deposits its capital money to maturity through central banks or banks. There is insufficient money in circulation in the current market and there is a supply and demand problem. Thus, central banks increase supply and print money to meet demand and money is put into circulation. This situation causes expensive and high inflation in the economy. If a multiplying interest rate environment occurs, the free market will dominate in that country. More interest requires printing more money and meeting the demand for money in the market. The printed money goes out of circulation again and goes into forwards. As a result, society experiences a high cost of living crisis. If interest rates increase, loan interest rates also increase and interest in investment loans and consumer loans decreases.
In case of interest rate reduction, the money tied there will not be attractive and will be put back into circulation since the money will not make a profit in the future. There will be relief in the economy again, money will flow to local and foreign investment sources, the cost of living will still continue, but there will also be an increase in gold, foreign currency and crypto assets. If interest rates decrease, loan interest rates also decrease and interest in consumer loans and investment loans increases.
In countries with bad economies, the loan withdrawal process may be suspended even if the interest rate increases or decreases.
As is known for interest rate cuts, the Swiss central bank was the first country in the world to cut interest rates for 2024.
The Fed, on the other hand, is choosing to postpone the interest rate cut. In other words, what we can understand from here is that inflation has become an imaginary means of multiplying profits in countries affected by the dollar all over the world. No matter how long the Fed delays, it will eventually cut interest rates to stimulate economies struggling with inflation.
Let's come to Turkey. He literally gave a lesson to the Fed regarding interest rates. While the USA kept the interest rates constant for two months and expected a decline in the last months, while the stock markets and Bitcoin were expecting activity, the CBRT continued its decision to tighten and increase interest rates. For some reason, the Fed suddenly increased the interest rates and tightened them as if they were taking a lesson from Turkey. The bullish period for Bitcoin and the rally period for altcoins has been extended. There is also talk of post-June reductions in the European central bank.
Currently, the CBRT has kept the interest rates constant, let's see what the FED's attitude will be. Relief has begun to be felt in the economy. Interest rate cuts for cryptos are now very close.
While the Fed's interest rate cut is expected, bitcoin has already increased in price. Most likely, there will be an interest rate cut and bitcoin will continue its horizontal and upward trend. The altcoin season begins after the interest rate reduction decisions of the central banks of Türkiye and foreign countries.
In a globalizing world, technological innovations always provide benefits. #web3 and #binance seem to be groundbreaking. To learn, you need to benefit from the depths of the internet.