Fed Balance Sheet Pivot Raises Altseason Odds if BTC.D Softens
Share:
Predictions Markets
See what traders are focused on
- Analysts see parallels between potential Fed pivot now and the Aug 2019 QT halt that preceded 2021 altseason.
- Anticipated end of QT plus expected rate cuts could inject significant liquidity into altcoins.
- Bitcoin dominance chart shows potential breakdown, a classic technical signal favoring altcoins.
Talk of a potential altseason is gaining serious traction as market participants eye an upcoming Federal Reserve policy shift, drawing strong parallels to the conditions that preceded the explosive 2021 altcoin rally, led by Ethereum (ETH).
Market analyst Crypto Rover likened the anticipated start of Quantitative Easing (QE) next week to the 2019-2021 events. After the Fed ended its balance sheet runoff in August 2019, the OTHERS/BTC pair experienced a market reversal, and the altcoin market exploded in the subsequent months.
Related: Is a Full-Blown Altseason Comi…
Read The Full Article Fed Balance Sheet Pivot Raises Altseason Odds if BTC.D Softens On Coin Edition.
In This News
Coins
$ 63.84K
-0.46%
$ 1.80K
+0.10%
$ 0.00...361
$ 0.732
$ 0.00...021
Funds
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 63.84K
-0.46%$ 1.80K
+0.10%$ 0.00...361
$ 0.732
$ 0.00...021
Funds
Predictions Markets
See what traders are focused on
Share:
Read More
Bitcoin, XRP, DOGE Rise as US-Iran Technical Talks to Continue Despite Strikes
