Mike
@belikemike
A hot week is coming in the US and on financial market charts, including crypto. Many people expect sell the news shortly after the elections, but the more people expect it and are even certain of it, the less likely it is to happen. Personally, I approach it this way: if Kamala wins the elections, nothing changes for the crypto market. Her people have been ruling the US for several years, and during their term (crypto was legalized in the US) = ETFs were introduced. However, if Trump wins, it could be a strong trigger for growth preceded by a quick (not large) sell the news. Additionally, in the coming week (Thursday) we have decisions on interest rates in the US and a statement from the FOMC. Another 0.25 interest rate cut is forecast. The interest rate cut is another bullish argument for high-risk markets.
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