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**Factors Pointing Towards Potential Downtrends in Bitcoin and Crypto Markets in Q2-Q3**

Apr 19, 2024

The post discusses the likelihood of downward trends in the cryptocurrency market during the second and third quarters of 2024. It highlights five key factors that could contribute to lower Bitcoin and crypto prices.

Firstly, the closure of the Bank Term Funding Program (BTFP) by the Federal Reserve could lead to reduced market liquidity, potentially impacting the market in the short term.

Secondly, the delay in expected rate cuts and the Federal Reserve's stance on prolonged interest rates could affect stock and crypto markets negatively, raising concerns for risk-on assets.

Thirdly, a decline in institutional interest in cryptocurrency ETFs, particularly in Bitcoin, may indicate weakening confidence in the market's future.

Furthermore, ongoing geopolitical tensions, especially between Iran and Israel, could introduce greater uncertainty into the market, potentially triggering significant fluctuations in response to related events.

Lastly, considering historical trends, Q2-Q3 has historically been average to bearish for Bitcoin and crypto. With the upcoming halving event, miners might sell more as costs increase, following a similar pattern observed in previous halving cycles.

Overall, investors are advised to be prepared for potential market declines and view the situation as an opportunity to purchase assets at lower prices. Experienced investors anticipate future growth, with predictions of Bitcoin reaching $150k, Ethereum hitting $12k, and several altcoins seeing significant gains. The market downturn could present an opportunity for long-term gains.

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