🚨FED Did Not Cut Rates But the Bull Market Has Started So When Will Altcoins Go on the Offensive?
Folks, every cycle in this market is written differently.
🚨In 2017, #Bitcoin went to $20,000 while the FED was raising rates.
That year, altcoins experienced increases exceeding 1000%. The market was completely influenced by individual investors.
🚨In the 2020-2021 bull market, however, the scenario was different.
The FED implemented a zero interest rate policy and unlimited money was pumped into the market.
In this environment, Bitcoin rose from $3,000 to $69,000, and altcoins reached their historic highs.
🚨Today, however, the picture is completely different.
The FED still hasn’t cut rates.
But spot ETF approvals have come, and giants like BlackRock and Fidelity continue to buy not only Bitcoin but also #Ethereum.
So we can technically say the bull market has started.
But what about altcoins?
In my opinion,
The market hasn’t fully priced it in yet.
Bitcoin led the way, but the gap with altcoins has widened too much.
I believe this difference won’t last long. I think altcoins will close this gap.
Right now, especially for new investors, there is a “come-go” process in the market.
We are experiencing a preparation phase shaped by distracting news, where positions are being taken before the big move starts.
🚨At the FOMC meeting on July 30, there may not be a rate cut, but if strong signals are given regarding this,
then that’s when a break will occur.
And this break will completely eliminate the pressure on altcoins.✍️