How Does a $3.3 Trillion US Spending Bill and Fed Liquidity Trigger an Altseason?
- Key signals for an altseason are aligning, including a new $3.3T US spending bill and a Fed pivot
- The current market setup closely mirrors the conditions that preceded the 600% altseason of 2020
- Federal Reserve liquidity is set to turn positive for the first time in two years, a major altseason catalyst
Several key macroeconomic and technical indicators are aligning to create what analysts are warning could be the biggest “altseason” in crypto history. With a massive $3.3 trillion U.S. spending bill freshly signed into law and Federal Reserve liquidity on the verge of turning positive for the first time in two years, the stage is being set for a potential parabolic rally in altcoins.
This comes as Bitcoin dominance declines and altcoin charts flash strong breakout signals offering investors a rare opportunity to reposition before a potential parabolic rally.
Repeat of 2020’s 600% Altcoin Surge?
According to AltcoinGordon, the current market setup closely mirrors conditions from late 2020. Back then, a $1.4 trillion stimulus package preceded a 600% surge in the altcoin market. Today, the crypto market (excluding Bitcoin) is consolidating just below $1.14…
The post How Does a $3.3 Trillion US Spending Bill and Fed Liquidity Trigger an Altseason? appeared first on Coin Edition.
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Nasdaq-Listed Amber International Expands $100 Million Crypto Ecosystem Reserve to Include BNB, XRP, and SUI
How Does a $3.3 Trillion US Spending Bill and Fed Liquidity Trigger an Altseason?
- Key signals for an altseason are aligning, including a new $3.3T US spending bill and a Fed pivot
- The current market setup closely mirrors the conditions that preceded the 600% altseason of 2020
- Federal Reserve liquidity is set to turn positive for the first time in two years, a major altseason catalyst
Several key macroeconomic and technical indicators are aligning to create what analysts are warning could be the biggest “altseason” in crypto history. With a massive $3.3 trillion U.S. spending bill freshly signed into law and Federal Reserve liquidity on the verge of turning positive for the first time in two years, the stage is being set for a potential parabolic rally in altcoins.
This comes as Bitcoin dominance declines and altcoin charts flash strong breakout signals offering investors a rare opportunity to reposition before a potential parabolic rally.
Repeat of 2020’s 600% Altcoin Surge?
According to AltcoinGordon, the current market setup closely mirrors conditions from late 2020. Back then, a $1.4 trillion stimulus package preceded a 600% surge in the altcoin market. Today, the crypto market (excluding Bitcoin) is consolidating just below $1.14…
The post How Does a $3.3 Trillion US Spending Bill and Fed Liquidity Trigger an Altseason? appeared first on Coin Edition.
Read More