When the reduction of asset purchases and balance sheet tightening policy was announced, the bear market did not immediately start sharply. The markets first gradually turned downwards, and then unexpected sharp get dumped occurred.
If Powell gives a similar signal of monetary expansion or easing today, the bull market will shape up just like the opposite of that period. First, a few short-term pumps come in, the market digests, and then the real strong rallies begin.
History does not repeat itself exactly, but it often plays the same melody. 📈🔥
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
When the reduction of asset purchases and balance sheet tightening policy was announced, the bear market did not immediately start sharply. The markets first gradually turned downwards, and then unexpected sharp get dumped occurred.
If Powell gives a similar signal of monetary expansion or easing today, the bull market will shape up just like the opposite of that period. First, a few short-term pumps come in, the market digests, and then the real strong rallies begin.
History does not repeat itself exactly, but it often plays the same melody. 📈🔥
#bitcoin #altcoin #kriptopara #interest