😫🚨Bitcoin wobbles: End of the bull rally?
Bitcoin experiences a correction after a strong rally. New catalysts are needed to continue the rises. November and December have been dizzying months for Bitcoin.
📈 The accumulated gains during this period seemed unstoppable, fueling the expectations of many investors. However, this week has put a brake on this euphoria, almost completely erasing the gains from the early weeks of December.
☝️ Is this a cause for alarm? Not necessarily.
It is completely normal for a correction to occur after such a strong rally. Markets operate in cycles. We have seen a meteoric rise and now we are experiencing a adjustment.
Of course, it is important to remember that cryptocurrencies are inherently volatile assets. Large increases are usually accompanied by pullbacks. The crucial thing is to maintain a long-term perspective and not be swayed by panic in the face of these fluctuations.
👀 The Fed halts the party: Bitcoin feels the chill
This week, the headline news was the inflation report from the United States. The numbers came in better than expected, which should initially be good news, right? Well, yes, but with nuances.
The Federal Reserve, seeing that inflation is calming down, decided to maintain its expansive monetary policy, cutting interest rates again. However, the party may be coming to an end sooner than expected. The Fed's "hawks" are already warning that these cuts could be the last for a while.
