Teshkid is Crypto

Most people on crypto are speculating that a black Monday is coming tomorrow the 19th of October. Tomorrow will be the 39th anniversary since the last black Monday on the 19th Oct 1987.
And here’s what happened during the last Black Monday crash:
The US stock market crashed 22% in a single day, wiping out $500 billion. - Global stock markets lost over $1.7 trillion. - The Fed had to inject liquidity to calm the markets.
Reasons Why people expect a massive dump tomorrow.
Oil prices surging towards $110 Rising geopolitical tensionsBank stocks facing selling pressureAI stocks crashingBond yields are surging.
IMO this will not happen because the market right now more mature that back then and we have circuit breakers which will trigger and halt trading in case we get massive drops.
Share your opinions down below👇👇
$BTC $QNT $ETH #BlackMonday

This week is key and might get volatile due to the following Events
1. Tuesday: ADP weekly Employments Change- which shows how many jobs have been added in the private sector.
2, Wednesday- CPI inflation- Core inflation hit it;s lowest level in 5 years last month. This month's reading will show whether we are cooling off or still on the rise.
Thursday- PPi Inflation data- Last month's reading was hotter than expected.Friday: Kelvin Warsh Speech- the market will be watching on whether the fed chair will have a hawkish or dovish tone.$BTC $JUP $CFX