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.