DOW JONES ANALYSIS FOR CRYPTO FORECASTING
Goodmorning y'all from Amsterdam..
a beautiful winter morning with freezing temperatures here.. Sitting with my morning coffee analyzing the charts. You can't make me more happy than this..
To forecast what can possibly happen with crypto it is important to look at what the FED and the American indices are doing..
The market seems to be calmed a little because of this OMICRON variant.. it seems this variant isn't that bad for our health as many predicted..
But the next big thing is the INFLATION.. Worldwide it is raising and raising..
The FED can take measures to bring this back.. 1 of this is to raise interest rates so that borrowing money becomes more expensive. They hope institutions and people will borrow less and stagnate their spending..
Once the other stops spending the other side is earning less... So this could help drop prices because their is less demand for stuff... when prices drop their is deflation..
Some how the better we can all agree that the total market has been overbought en is raising to the moon.. A lot of people have made money and this helps the inflation because they spend it..
It is the FED trying to bring the stock market down..
So we have to have an eye on this..
The DOW JONES is connected with crypto..
a beautiful winter morning with freezing temperatures here.. Sitting with my morning coffee analyzing the charts. You can't make me more happy than this..
To forecast what can possibly happen with crypto it is important to look at what the FED and the American indices are doing..
The market seems to be calmed a little because of this OMICRON variant.. it seems this variant isn't that bad for our health as many predicted..
But the next big thing is the INFLATION.. Worldwide it is raising and raising..
The FED can take measures to bring this back.. 1 of this is to raise interest rates so that borrowing money becomes more expensive. They hope institutions and people will borrow less and stagnate their spending..
Once the other stops spending the other side is earning less... So this could help drop prices because their is less demand for stuff... when prices drop their is deflation..
Some how the better we can all agree that the total market has been overbought en is raising to the moon.. A lot of people have made money and this helps the inflation because they spend it..
It is the FED trying to bring the stock market down..
So we have to have an eye on this..
The DOW JONES is connected with crypto..