Why Alt Season is Closer Than Ever? BTC.D, Fed, OTHERS...etc.

Why Alt Season is Closer Than Ever? BTC.D, Fed, OTHERS...etc.


1 month left before the Fed's decision towards a pivot of interest rates which are at 5.50% and I think they will drop at least 0.5% to start the low interest rates.

The US elections with Trump will be the cherry on the cake, but not an obligation to trigger the bull run with euphoria and greed.

I think we will enter the final phase of the range with a consolidation between the highest which is the ATH at 74K and the lowest at 50K, roughly between the 38.2% (58K) of fibo at 61.8% (63K)

https://www.tradingview.com/x/4amtS86g/

6edd61215f28c03a977098dbc8e0ccc9.png

 

 

 

The market will surprise everyone with ETH which is badly treated in the networks and it impacts a lot of people, but personally for me Vitalik remains the visible genius of crypto after the invisible Satoshi.

The BTC.D has been saturated for months and I think the wheel will soon turn on ETH which will be bought by BTC which will lose dominance.

The key: the news is always bought in advance, and the Fed pivot with the US elections will be soon!

https://tradingeconomics.com/united-states/interest-rate 

4e95ac68ab3f9dccb4137100d0f8abdc.png

 

 

 

 

👉 Follow the links below to the best & Secured Exchanges that gives Rewards for Sign Up, Learn & Earn Program, making Deposit & Trading on Spot or Futures, Trading Competition, ...etc.

 

📈 Bybit: Get Up to $30,000 Sign up Bonus Rewards & be Invited to Exclusive Events! 
https://www.bybit.com/app/register?ref=7Wgmj

 

📈 Binance: Sign Up to get 100 USD of Welcome Bonus & 10% discount on Binance Futures trading fees!
https://www.binance.com/en/futures/ref/38451215

 

 

How do you rate this article?

7


FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.