Aaa how it screams, the child!!
Yes, we all already know that it's dropping #BTC and so what?
Are you going to go crazy over it? Stop suffering, buddy, dear 😩😩😩 be happy! 🙏🏼 because this life is one and this universe is unique and vast!
Cycles repeat, as in previous periods this has happened the same or even worse...🤣🤣🤣
Has it dropped more than $10,000? and what’s coming! Let’s remember that just a few months ago it was below $100,000 and it took more than 10 years to get there.
So let’s accept that it can drop to where no one knows...
yes, it can also rise as it did with its last #ATH. 💎💎💎
It’s normal and it even makes it more interesting depending on your investment vision, your patience, and your observation skills.
Let's get to the point.
First, the focus is on the economic symposium in Jackson Hole, taking place from August 21 to 23. The meeting brings together bankers 😬😬😬, finance ministers,🤑🤑 economists, and investors, (you and I who were not invited) will have as a key moment (see who and how they manipulate more the less) the speech by the chairman of the Federal Reserve of the United States (FED), Jerome Powell, scheduled for Friday.
The head of the agency responsible for defining the monetary policy of that country (Gringolandia) will speak amid bets that the FED will cut interest rates by 25 basis points, which are currently in the range of 4.25% to 4.50%. Despite these expectations, everything points to Powell once again giving a moderate speech, without major announcements, without committing to future rate cuts, and emphasizing the autonomy of the FED.
This cools investor optimism and fuels a bearish sentiment in the markets.
High-interest rates mean more volatility and less liquidity which impacts this crypto universe, but the bullish prospects for the price of the coin created by Satoshi Nakamoto continue.