LTC/USD, BTC/USD, Technical Outlook, Edition #148 (18/11/2021)

Don't get burnt by inflation πŸ”₯ Litecoin, Bitcoin & Money Printing - Q discusses them all in tonight's research πŸ‘‡

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Excessive money printing comes at a cost, in more ways than one

Qluster analysts observe Bitcoin in consolidation. 

Meanwhile, a technical reading suggests some Altcoins verge on the cusp of bullish reversals - are these leaders foreshadowing the continuation of Alt-season?

As a whole, the cryptocurrency market is looking incredibly healthy despite this most recent pullback in Bitcoin. However, it is still essential to consider the risks of an adverse trend reversal. 

Q reminisces back to 2017 and recognises stark parallels in the lead up to the approximately -65% bloodbath for Bitcoin - will November and December again prove to be green months before the January Effect sinks in with the force of CME short sellers?

CME: Chicago Mercantile Exchange

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Daresay, with inflation fears rising now in both the US and UK, markets are bound to experience some degree of repricing. Furthermore, fundamental analysis suggests this risk heightens as the deadline on interest rate adjustments edges, ever closer, to 12 on the doomsday clock

Qluster analysts underscore that this is undoubtedly the most extensive speculative asset bubble our Financial System has ever seen - with the US Federal Reserve at the helm. 

Unprecedented levels of quantitative easing, combined with ultra-loose monetary policy, is inflationary by nature. While central banks attempt to encourage economic growth through stimulus, they inherently devalue the existing currency supply by introducing more to the market. 

Quantitative Easing (QE): Normal market operations are no longer effective when interest rates are at or close to zero. 

In these cases, QE is an unconventional form of monetary policy where central banks engage in predetermined amounts of government bonds and other financial assets. 

Excessive money printing comes at a cost, in more ways than one… 

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