The US debt problem has caused increased weakness and caused a downtrend since October open ! The problem has been stemmed on by many people in congress and i have little faith this problem will get resolved fully in a timely manner.
While this is bad for America , this would provide the perfect opportunity for a parabolic leg in crypto and potentially increase institutional investors due to inflation increasing !
Currently i have two paths planned out which both heavily rely on a debt solution or lack of :
The blue path is the path we would ideally see for another parabolic leg and it relies on congress being slow to act on a full resolution.
The yellow path will only occur if more solutions are presented and this problem is fully solved with a plan put into place to potentially stop this recurring debt ceiling .
While this is bad for America , this would provide the perfect opportunity for a parabolic leg in crypto and potentially increase institutional investors due to inflation increasing !
Currently i have two paths planned out which both heavily rely on a debt solution or lack of :
The blue path is the path we would ideally see for another parabolic leg and it relies on congress being slow to act on a full resolution.
The yellow path will only occur if more solutions are presented and this problem is fully solved with a plan put into place to potentially stop this recurring debt ceiling .