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The bull and bear showdown for BTC/ETH is about to end 🔥🔥
Whether the bear market will end depends on the interest rate meeting at the end of April!
Actually, the timing of this ceasefire and peace talks is set before the April end interest rate meeting, which releases a big new signal. If the US-Iran war ends before the interest rate meeting, it will be a positive for the April end meeting. Let me tell you why in plain language!
If the US-Iran war continues, then inflation in the US and Japan will keep expanding. This makes it easier for the Federal Reserve to keep rates unchanged or even raise them. Japan’s inflation is already severe, and as an import-dependent country, a closure of the Strait of Hormuz would be a heavy blow. So, if the war doesn’t end, the Fed is likely to hold rates steady or hike in late April. This could lead to a black swan event in the bear market for BTC and ETH, possibly pushing prices to the bottom.
But based on the urgent choice by the US to cease fire and hold peace talks before the April interest rate meeting, it’s intentional! This is likely paving the way for rate cuts later, and with “Wosh” set to take over as Fed Chair in early May, it looks like a bull market will probably start in May!