Altcoins could see more pain as Feds keep up Interest rate hikes

11 thg 7, 2022

Using a 4 hourly chart. Unfortunately, as we move into this bear market with all of the recession and inflation fears we will continue to see a drawdown in crypto prices. As I posted recently on a hidden bearish divergence with the Altcoin market cap chart we are starting to see a pullback already. I have a fractal for illustrative purposes only and as a visual of what can happen price-wise. Inflation numbers come out July 13th and then after this we will know how aggressive the Feds will be with the next rate hike.