Yes, the market this week will be determined by the FED ...... AGAIN

The FED will probably further increase the rate hike not the standard 25 points but 50 points in May and unleash 65 Billion in treasuries and 35 Billion in mortgage-backed securities.

Now the current market is a mess already, maybe because this is priced is...if not this selling pressure might make the financial market cringe again.
The Fed ain't owning any crypto, or if they do they are not selling. But with the current correlation between the financial market and the crypto market...crypto might follow his big brother in a downwards trend due to the increased selling pressure.

Always look on the bright side of ... the FED cleaning their balance sheet

On the other hand, if things play out well. The money might flow into crypto from the areas that will be most impacted by this selling pressure.

We might even see an uptrend as we saw in 2018 when the Feds cleared their balance sheet, simply because it´s priced in already and therefore the impact might be less severe than expected.

In all scenario´s we will have a lot of FED FUD this week so get your buying and selling orders in today...set your stop loss and brace yourselves.

If these events play out a little positive it might just trigger the supply crunch too which we are really close, it just needs one little catalyst....will this bet it?

Guess we have to wait and see on Wednesday.

Don´t say I did not warn you and have a lovely rest of your day!