🚨BREAKING:


U.S. SENATE JUST REJECTED A GOVERNMENT FUNDING BILL, 45-55, MEANS ANOTHER SHUTDOWN IS NOW JUST 2 DAYS AWAY
LAST TIME IT ACTUALLY BOOSTED CRYPTO
THAT'S WHY EVERYONE THINKS IT'S BULLISH
BUT IN REALITY?
Government shutdown means that Congress failed to pass a funding bill and federal agencies lose legal authority to spend
This will have a more negative impact on already weakened dollar, with weakened labor and growth data
While short-term it might cause some bullish sentiment, mid-long term it means:
- Even lower confidence in governance
- USD weakens gradually
- Data and Market Uncertainty
The market already started to price that with a sharp dump and I think BTC might visit <$80K zone
It might be one more boost for a collapse in the future
Remember that I'll post more warnings before it actually happens. I warned about BTC dump back in Dec, while everyone dreamed about $100k
#GateLiveMiningProgramPublicBeta
BTC-6.08%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)