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Also in the Fed decision, they expect to start cutting rates in 2024.
The primary reason rates are cut is due to economic weakness.
This is essentially the Fed’s admission that they are sending us into a recession.
The Fed created the problem.
Now Americans will pay for it.
Will we reach a recession soon? 📉
We predict the following:
• 13% chance within 12 months
• 35% chance within 24 months
As leading investors, or main indicator we’re looking for to make a recession imminent is the inverted yield curve.
Are you prepared for it?
In yesterday’s news, the Fed increased rates by 75 basis points to combat inflation.
Here’s what that will lead to:
• Increased loan delinquencies
• Decreased home values
• Increased home foreclosures
• A recession
This pushed our recession predictions up to now 75% in 12 mo
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We see both $BTC and $ETH are actually holding up quite well despite the horrible macroeconomic conditions…
We would have a corrected, not a broken market, with prices potentially up 20-25% up from where they are had it not been for Do Kwon and LFG liquidating their reserves.
With a HTF (Higher Time Frame) price being established at $2k, we’ve seen 4 wicks hit the $1,750 range in a year.
• Whales still buy heavily around $1,750
• PA looks more reliable than this time in 2021
• Buyers sustain a heavily risk-off in macro.
• $ETH 2.0 merge coming
Here’s a view of your profit/loss if you purchased 100 shares of $LUNA (or $wLUNA) 1 month ago at $79.85.
Your nearly $8,000 investment would be worth about $0.01 now.