What will make the market that looks like it will go up. Like where in the first leg of a crypto bull market. But it still feels sideways. We need to see something happen. Like the US market going down. This would be a boom for crypto markets. 

Economy is weakening. Inflation high at 4%. 

Economy looking weak the all bets are off which means very bullish Crypto. 

Bond marketed comes off inflation rates go up. 

Parabolic moves happen when you start to see the price move after big wave. It's never over one night. 

Bitcoin instrest lower over the last 6 months but much more than in 2018.  Also due to less price action. People waiting for the next run. When it gets to $55,000. Then we will start to see people scrambling to get in. 

Lots of people all going into NFT's for adrenaline rush or gone to do something else. Perhaps now is a good time to position a investment in crypto while no one is interested. 

Short term pump and no follow through. 

Charts been showing not going up any time soon for Bitcoin. Goes up then loose the up trend fairly quickly.

U.S stocks plunge. Fed's assets shrunk.No one thought the Feds would sell off their assets sheet because their is conflict going on around the world.

9.6bn to 8.9trillion on the balance sheet. 

ECB bank - Own balance sheet near 10 Trillion. 

IN the next 5 weeks.

Jerome Powell. Rate hikes. 50 basis point rate hike in may. 30 year treasury bond. 5 year treasury note was up two basis points at 3.003% this is known as yield curve inversion. With investors selling out of shorter dated bonds in favour of longer-dated debt. Including lack of confidence in the health of the economy. One basis point is equal to 0.01%. 

Speeding up of progression of the rate hikes. Drag on economic growth likely. When we get an idea of when this ends then we will see some of this bake back in.