First off, I don't care at all about this crash. I've been around long enough. Is binance about to collapse? Maybe. Don't care.
I've always taken out initials but have never really made much money. I love a good round trip. They have desensitized me. I've watched jpegs that I owned go from being worth 30k to 50 bucks. I am numb.
Looking forward… Kevin Warsh will likely do whatever trump asks him too imo which is bullish. His name did pop up in the Epstein files. Rates will drop, but what about midterms? The Republicans are looking to get absolutely rekt. So if that is the case, do we see this as bearish? Orange guy clearly wants to pump crypto again before he leaves(if he leaves), but if he becomes a lame duck, what do we think goes down?
Bullish or Bearish on midterms?
byu/Christophfur inCryptoMarkets
Posted by Christophfur
4 Comments
If the dems gain the senate or house or both we’re cooked. They tie everything up and cause as much chaos as they can. And that’s won’t be good for any of the markets!
Personally I think orange guys crypto grift is probably done for a while. They made a ton of money and extracted. Warsh is relatively hawkish, I think rates are cut but it might be within the ‘expectation realm’ rather than surprising the market and creating upward momentum. You could say the entire financial markets are over-cooked right now and due for a hard reset—it’s really hard to know where things go but I wouldn’t take a more drastic drawdown off the table.
Most likely bearish.
Midterms don’t matter. Trump pumps or he doesn’t. Either way I’m stacking SEI even now it is still low