70% chance that cryptos will hit their lowest level before June
The crypto market is heading towards an imminent cataclysm: a staggering drop in assets with a disconcerting 70% probability! This is fueled by chaotic global economic factors and the relentless tariffs imposed by Trump. Investors are increasingly concerned, but a fragile hope remains, the only one capable of stopping this descent into hell.
According to an analysis by Nansen, there is a 70% chance that the crypto market will hit a minimum (i.e., a low point or a downward bounce) by June, due to economic factors such as uncertainty related to U.S. economic policies and the actions of the FED to manage a mild recession.
Moreover, major U.S. stock indices and BTC have not been able to consistently surpass their 200-day moving averages, while short-term ones are falling. Cryptocurrency investors will need to closely monitor upcoming economic data, such as the ISM, employment rate, and Jerome Powell's speech.
