There are some great news in the next week probably starting from tomorrow. I searched alot for the news and came to conclusion that this week is super bullish for crypto. HOW?
Monday, QE begins, it is bullish for crypto because it pushes investors towards digital currency that is Bitcoin. QE increases liquidity and extra cash come in the system. Where that money will go? in stock and crypto market.
Tuesday is a well known day. FED chairman speaks. FED news will come. 90% it is sure that rate will cut and is super bullish for crypto. Bitcoin will outperform, following other altcoins.
Tuesday and Wednesday are the rate cut days. Investors are high alert, they will buy huge. Market will show good momentum.
Huge money is going to print on Thursday. Around $15B. What will be its impact? Money flow will be towards financial markets. Mostly towards Crypto and Stock.
On Friday, new FED president will be announced. Jerome time is over. New FED person will lead the finance. This is another good news for the market.
In short, everything is aligning for the biggest crypto bull run history and that is starting from today.
What do you people think about this week? Will it be super bullish? Will be glad to see your answers in the comment section.
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IMAGE TAKEN FROM PEAKDAI
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Best Wishes.