Taking into account market bear And the last Bitcoin price disaster below USD 95,000 is not surprising if many think that the end of the bull market is here. However, a cryptographic analyst negates This possibility, sharing details about the current position in which the market is in this bull cycle.
Bitcoin the price of Rally has just begun
According to Martyparty, a cryptographic analyst at X (previously Twitter), Bitcoin prices rally From 2023, he showed primarily the institutional party Spot Bitcoin ETFS. The price augment also occurred without the support of quantitative alleviation (QE), reduction of rates or liquidity injections.
This means that although Bitcoin has increased over the past year, right Bull market It will not come yet. The analyst claims that a real cryptocurrency market is expected when the Federal Reserve (FED) goes to an accommodation attitude, suggesting stop Quantitative twist (QT) And the beginning of the stakes cuts.
. Federal reserve It plays a key role in determining the long -term Bitcoin trajectory and other cryptocurrencies. Historically, cryptographic cycles prospered in environments where liquidity is high, interest rates are low and are encouraged to take speculative risk.
However, from 2022, Fed aggressively tightened monetary policy to prevent further inflation, raising interest rates and reducing liquidity by QT. Despite these adverse market conditions, Bitcoin experienced historical growth, mainly because of Institutional inflows in ETFS and political changes, including the inauguration Donald Trump as a up-to-date President of the United States (USA).
Though The market is currently down, Martyparty emphasizes that the fears of the possibility of the bear Market emphasize that the bull market, in which Altcoins walks with Bitcoin, will probably start when the Fed goes from QT to QE. The analyst stated that the bull market did not start at all, emphasizing that the current market decreases and cryptographic accidents constitute The best opportunity to accumulate For investors.
Calls on a wider cryptographic community to start collecting tokens Fear, uncertainty and doubts (FUD) They still dominate the market and the sentiments are negative. Historically, the periods of market fall are often preceded by high price increases; However, investors should continue to be careful because the market remains unstable and unpredictable.
The analyst claims that the market is set on the trap of the bear
Although Marpyparty claims that the bull run has not even started, the analyst also revealed that the market may be in Bear trap. To gain greater brightness, the bearing trap is a market situation in which assets prices fall quickly, but quickly reverse and continue the stronger rush. Depending on how earnest the price drop is, the bear trap can be easily mixed up bears.
The analyst warned investors so that they would not fall on the bears of this market, anticipating the beginning of the full bull market when the Fed rates fall. He emphasizes that the critical moment to pay attention was on March 19, when Meeting of the Federal Committee of the Open Market (FOMC) It will provide updates of US economic forecasts and potential interest rates.
A distinguished picture from Unsplash, tradingview.com chart
