No FUD, just a genuine question
No FUD, just a genuine question
What are your thoughts on the current market?
My theory is that the market is in wave 4 of 5 (Elliott Wave Theory), but I’m not entirely sure since I’m still relatively new to this (started investing in crypto in 2020).
Do you think this is just a correction/consolidation phase before one final push higher, or is the cycle actually coming to an end?
Until the US turns the money printer back on and more liquidity enters the market we will be low across all crypto.
During Covid 3 trillion was printed with quantitative easing with reverse repos, below is the current amount of cash the FED has left, with interest in debt repayments due refinancing by August 2025 they will need to start printing soon and agreeing a raise of the debt ceiling because they “only” have 95 billion left.