Panjang
Bullrun?
27th of July is the date of the FED interest rate decision announcement. It happens to align with a significant retest to the upside. Short-term price movement will be impacted by the outcome of the decision, whereas the long-term direction shouldn't change.
--> Current Interest Rates: 5.25%
--> Expected Interest Rates: 5.5%
Short-term price movements:
Actual < 5.5% = Pump
Actual > 5.5% = Dump*
* As cryptocurrencies are progressively less associated with equities, the dump scenario may be questioned.
Long-term price movements:
based on available information
- I believe the bullish scenario is most likely (green line)
- In an unlikely scenario we can have uncertainty (orange line; may play out completely different in reality)
- We may see a sharp dump, which will be the continuation of the current bear cycle (red line)
I hope you took away something useful. Feel free to share your opinion :)
--> Current Interest Rates: 5.25%
--> Expected Interest Rates: 5.5%
Short-term price movements:
Actual < 5.5% = Pump
Actual > 5.5% = Dump*
* As cryptocurrencies are progressively less associated with equities, the dump scenario may be questioned.
Long-term price movements:
based on available information
- I believe the bullish scenario is most likely (green line)
- In an unlikely scenario we can have uncertainty (orange line; may play out completely different in reality)
- We may see a sharp dump, which will be the continuation of the current bear cycle (red line)
I hope you took away something useful. Feel free to share your opinion :)
Nota
To understand the formula used, check previous posts.Formula: CIX/(DXY*((US30Y-US10Y)*(US10Y-US02Y)+10)*GOLD)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.