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CryptoMichNL Predicts Stimulus Measures and Recommends Buying Bitcoin and Altcoins Dip | Flash News Detail | Blockchain.News

CryptoMichNL Predicts Stimulus Measures and Recommends Buying Bitcoin and Altcoins Dip

8/5/2024 4:00:01 PM

CryptoMichNL Predicts Stimulus Measures and Recommends Buying Bitcoin and Altcoins Dip

According to CryptoMichNL, the current market situation can be compared to historical crashes such as the FTX Crash, COVID-19 Crash, and Chinese Crash in 2017. Despite heavy volatility, similar to Black Monday in Japan in 1987, the market is expected to be buoyed by quantitative easing (QE) and rate cuts. Traders are advised to buy the dip in Bitcoin and Altcoins as stimulus measures are likely to push the market bubble forward. (Source)

Bitcoin Altcoins FTX rate cuts COVID-19 China Crash QE

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast