you guys think a crypto pump might occur october/nov 2022?
i know past perfromance doesnt garuntee fututre predections but it is considred an indcator? any ideas?
Very possible scenario in absolute USD terms in case FED or CEB or other central banks start to print and print and print. interest rates must peak before. If interest rates are too high, not many will go into riskier assets like crypto. So many variables and it can end up in many outcomes. If they print inflation will rise more though and then it depends how much we/people, companies have left to spend for crypto after paying for food, accomodation, employees, energy, etc. I would also not count out huge demographic/food and resource related issues (some countries doubling or trippling its population in just 30 years without having appropriate water, food, life for them
Very possible scenario in absolute USD terms in case FED or CEB or other central banks start to print and print and print. interest rates must peak before. If interest rates are too high, not many will go into riskier assets like crypto. So many variables and it can end up in many outcomes. If they print inflation will rise more though and then it depends how much we/people, companies have left to spend for crypto after paying for food, accomodation, employees, energy, etc. I would also not count out huge demographic/food and resource related issues (some countries doubling or trippling its population in just 30 years without having appropriate water, food, life for them
Can go anywhere but last yr we had really good rally in that period