Bearish sign for crypto industry
September usually considered a bearish month for crypto. But this time bull cycle is not something like before. As we know Black Rock, Micro Strategy, Fidelity and many other big institutions are in the crypto market. On the other hands governments are also considering BTC and other major crypto currencies as their strategic reserved. Do you know big whales/players believed greatly in astrology. Today we all are witnessing blood moon (the moon eclipses). Currently BTC is trading at ~$111000 and big crypto analyst are predicting a big correction.
On the other hand, In September we are also looking for Fed interest rate cut of atleast 0.25bps. As CPI, PPI and joblessness data showing strong signs and there are…
