9.1 Two Nuclear-Scale Bearish Factors 1. The probability of an interest rate hike in September is 55%; even if no hike occurs in September, the likelihood of at least one hike this year is as high as 72%. 2. Even more bearish: the November midterm elections—Democrats have a 90% chance of taking control of the House of Representatives and a 55% chance in the Senate. As a result, cryptocurrency legislation will almost certainly fail, and stricter regulatory scrutiny is inevitable. Don’t even dream of a new bull market—go ahead and sleep. Just look back at 2018, when Democrats took control of the House: BTC plummeted from $6,000 straight to $3,000.
煌道 | 交易之道Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.