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Will Cryptos Still Go to the Moon Before 15th November 2022

we may expect a crisis in the cryptocurrency market to be followed by a crash in the stock market, either simultaneously or not long after.

By EstalontechPublished 2 years ago Updated 2 years ago 5 min read
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The Democrats are in charge right now, so they need to keep their base happy until at least the middle of November. In the two months after the midterm elections on November 15, the Biden administration and the Democrats in the Federal Reserve are doing everything they can to keep the country steady. That is to say, they are doomed to become apathetic.

Taking this into account, it is hardly shocking that the situation is deteriorating so rapidly. When I talk about liquidity, I am thinking of the economy, the stock market, the real estate market, and the housing market in general. Before the election on November 15, the Democrats' top priority is ensuring the satisfaction of their supporters.

Anger among voters increases in correlation with rising petrol costs. The politicians are aware of this fact. Six months ago, at the end of March, the government first began releasing oil from our strategic petroleum reserves. Gas price cuts before midterm elections were the only justification for this move.

Up to the end of October, we plan to continue releasing one million barrels of oil every day. Midterm elections are slated for November 24, just eight days after the next Federal Reserve meeting on November 8. That is to say, they will bear much of the responsibility for any harm that arises. They have guaranteed that this will take place with their quantitative easing measures. The result will be an increase in interest rates and a liquidity crisis. Consequently, the Federal Reserve issued an excessive amount of currency. I mentioned price increases because of this.

They are actively trying to fix the problems they caused. The Federal Reserve has announced that beginning in June, July, and August, they will reduce monthly asset purchases by $49 billion. It is unfortunate for the economy and the housing market that they didn't, leaving the market guessing as they tightened the screws.

They should not have any strong preferences. They are not permitted to produce any disturbances to the status quo, which must be preserved at all costs. Tightening monetary policy has been met with, at best, lukewarm reception from the Federal Reserve.

The tightening has gotten off to a slow start, which has been acknowledged by Federal Reserve Chair Jerome Powell. However, Powell has predicted that it will build up steam in the near future. The truth is that we should be preparing for exactly that, and that momentum will ramp up ONLY after the midterm elections.

The government and the Federal Reserve will pull out all the stops and quit caring at that point, in my opinion. Consider this from the most fundamental perspective. So long as people do not care, there is no point in worrying about it.

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They will also receive over $90 billion monthly, which is worth billions on the stock market, for the next two and a half years. You can not compete with the might of the Federal Reserve System. That is exactly what will happen.

Cryptocurrencies will react to market shifts more swiftly than most other assets since they can be traded around the clock and have greater leverage than most other assets. That being the case, we may expect a crisis in the cryptocurrency market to be followed by a crash in the stock market, either simultaneously or not long after.

There may be an injection of a momentary relief rally to distract the crowd from their recent awful loss. I wanted to give you fair warning that after the approaching midterm elections, the government and the Federal Reserve are not going to be your closest friends any longer; at least, not until the moment where the Fed turns direction.

They have made this decision because they realize that they do not require your support after November 15th. You should know by now that worrying about what they think is pointless. Gas prices, interest rates, the value of cryptocurrencies, the value of stock markets, and the value of real estate markets can all be expected to rise as a result of the lifting of the freeze on student loan payments. Simply take what I say and evaluate it critically.

What, if any, impact could this have on the economy?

What I am trying to imply is that someday, nobody will give a hoot. Taking this into account, it is hardly shocking that the situation is deteriorating so rapidly. When I talk about liquidity, I am thinking of the economy, the stock market, the real estate market, and the housing market in general. If the Democrats want to stay in power until November 15, they need to make sure their constituents are happy until then.

Anger among voters increases in correlation with rising petrol costs. The politicians are aware that on March 31 of this year, so almost six months ago, the administration released reserve oil from our strategic petroleum reserves. Gas price cuts before midterm elections were the only justification for this move.

It has been reported that the government has started releasing one million barrels of oil each day, and that this will continue until October 31.

The clear winners will be identified and all cards will be put out at the upcoming Federal Reserve meeting on November 15, followed by the midterm elections on November 26. If one side wins by a wide margin, the other will celebrate while stabbing their opponents to enforce order.

Together with the Quantitative Easing program, they will be mostly to blame for the crash in the assets market. The result will be an increase in interest rates and a liquidity crisis. Consequently, the Federal Reserve issued an excessive amount of currency.

They are actively trying to fix the problems they caused. The Federal Reserve has announced that beginning in June, it will reduce monthly asset purchases by $49 billion for the coming quater

The feeling that things are about to worsen persists despite Fed's best efforts to dispel it.

#Disclaimer Note : This publication is not intended for use as a source of any financial , money making legal, medical or accounting advice. The information contained in this guide may be subject to laws in the United States and other jurisdictions. We suggest carefully reading the necessary terms of the services/products used before applying it to any activity which is, or may be, regulated. We do not assume any responsibility for what you choose to do with this information. This article is not meant for financial advice , Use with your own judgment.

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About the Creator

Estalontech

Estalontech is an Indie publisher with over 400 Book titles on Amazon KDP. Being a Publisher , it is normal for us to co author and brainstorm on interesting contents for this publication which we will like to share on this platform

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