🖱This weekend, bitcoin approached $90k, while altcoins are updating their ATL.
Widespread panic. Investors are scraping the remnants of their money, traders have been liquidated for 3-4 billion $ (this is just based on official data; to understand the real picture, multiply by about two). We must, of course, give special thanks to our crypto president. Let's say mildly, he started with a round sum. The radical blonde with an iron grip took hold of our market, just as promised. 😌
🖱Looking at this oil painting, created by Trump, it becomes clear - the nightmare of the world economy has become a reality. Canada and Mexico are already facing a planned recession, and now they are also upset with the blonde and decided to give a reciprocal gift in the form of 25% tariffs. The EU is already planning to immigrate to the Asian market, as generous Donnie has already promised them his signature gift.
Guess what? A 25% tariff.)
China's nerves are already wearing thin from such generosity: it has taken retaliatory measures - complaining to the international court that the actions of the USA constitute a trade crime.
This can be viewed from different angles, but the meaning will be the same - this theater of military actions in the field of trade will only send the recovering world economy, after COVID, to the hospital with the diagnosis of 'recession'. Likely, none of the 'influential people' will be satisfied with this, so the almighty crypto president will have to find options to resolve the situation he created.
🖱In my opinion, possible outcomes will look like this:
1. The blonde will come out with a revelation that she never wanted a trade war and that it was a forced measure. Our mighty trio - Canada, Mexico, and the EU will come to the negotiating table, where they will bend and arrange a discount for Donnie on the goods they supply. Trump's next statement will be, 'A serious economic situation has occurred in the world, but we solved it brilliantly and successfully for all countries.' Markets will update their ATH, and everyone will disperse in jubilation. In general, everything will return to normal. The only thing is that China, having tickled its nerves, might retaliate, but this story will be gently swept under the rug by the media against the backdrop of joy from a heroic rescue.
2. Our narcissist Donnie will continue the policy of trade tariffs, and there won't even be a hint in the air of any agreements. Everything will be, to put it mildly, unpleasant.
It will be unpleasant because, in such a scenario, the economic growth rate will slow down by 1.2%, and an inflation rise of 0.7% will become inevitable (information from old Fed data, you can find more details online). This is only if the trade war remains at the level of 3 countries and does not scale up; however, if the EU is involved, clouds will gather over the USA. As for me, if everything stays at the level of 3 countries, the Fed will continue to keep high rates, following their plan. But if Trump manages to pull in the EU, I lean towards the idea that the Fed will turn on the printing press, as it was during COVID. A monetary downpour will begin, and everyone will completely abandon faith in the national currency and government bonds of their home countries. Masses will pour everything into investments, and at least a decent amount of money will come into the advertised crypto market.
For me, both scenarios are close to the truth and will ultimately not lead us to a mental institution. The market cannot be changed globally, only locally. Stages like 'bear' and 'bull' have fundamental rules / are dogmas of the crypto market. They can only be artificially 'compressed' or 'expanded'.
🖱The main message of this post is to look deeper into the situation and understand all the variables. The answer to the question of why you are reading this is that there will be no crypto scam right now. At this stage, no one is interested in this, and likely, such a scenario has simply become unrealistic.
The decline of altcoins by 60% is not a curtain, but merely another intermission for purchasing the coins you need with the right risk management.
Upd- while writing the article, an agreement with Mexico has already occurred. 😁
