There is a new – and interesting – report published by Coinbase, by its top analyst David Han. It concerns the future trend of the crypto world – also in terms of prices – at a time of great tension on the traditional and non-traditional financial markets.
According to the analyst of Coinbase it will be a market driven mainly, in the short term, by macro factors. This at least according to what has been reported by Coindeskwho commented extensively on the report.
A report that finds us fundamentally aligned – even the writer supports at least in part what has been reported by Hanfor a market that will have to find a compass in the short term that is also missing from the world of traditional currencies, just look at Forex and also to the great strength of the dollar, a few weeks after everyone or almost everyone had given it up for dead, at least in terms of exchange rate.
A new cycle that won’t be like the others?
For those who look at four-year cycles, analyzes like this or that published recently by JPMorgan they will not be of much interest. For those who want to try to orient themselves in a market that has seen great volatility both on traditional stock exchanges and on the crypto exchangethere will be a lot of interesting material.
Those who will end up being of most interest to the crypto world are the same ones who keep the world of traditional finance in suspense. From the questions geopolitics and in particular those in middle Eastpassing through interest rates in the USA, whose inversion and therefore cut seems to be increasingly distant.
We will also have to take into account the persistence of inflation, which will continue to influence decisions on rates, as well as worry the markets for the duration of the regime high rates.
- Two types of investors on Bitcoin today
Perhaps more interesting is the Bitcoin issue, with the arrival of ETFs which has created a new category of investors, who are no longer short-term speculators, but allocator who look at $BTC as a sort of shield against insecurity. And although the transition is still incomplete – and those who consider it an asset still persist risk on – the issue will be different from the previous four-year cycle.
What to expect post-halving?
It is not certain that the pattern that we have seen, basically, for the previous 4-year cycles will be repeated, even second David Han.
For the rest, we will enjoy the moment together, even on our own Telegram channelalso discussing the 5 most interesting points, which you can read here and which will be the hot topics of the next few days.
And no, they are not necessarily about the price, at least in the short term.
Tags: Crypto mercy NEWS exchange report speaks posthalving cycle
