Jerome Powell's Statements… Are They a Threat or an Opportunity for Crypto?
In his recent conference, Jerome Powell indicated a continued caution in monetary policy, leaving the door open for another interest rate hike if inflation persists.
His statements were clear:
> "The U.S. economy is still strong, but we will not hesitate to take additional steps to control prices."
What does this mean for us as cryptocurrency traders?
Potential risks:
Continued strength of the dollar = Pressure on cryptocurrencies
Liquidity flowing towards bonds and safe assets
High volatility in the market with every new statement
But opportunities are present for those who think smartly:
Temporary decline is an opportunity to build strong positions at low prices
Only real projects will remain and survive the filtering
The smart investor knows when to enter and when to exit, not chasing greed
The real question:
Will Powell's statements mark the beginning of a new recession…? Or a launchpad for the markets for those who exploit fear through smart buying?
Write your opinion… Do you agree that we are living in a "Golden Sifting" phase? Or do you see that exiting the market now is the smartest move?
