Why is the cryptomarket exploding right now?

[clemens]

FED made their announcement ysterday, I understand.

But what let the BTC and ETH explode to new highest this month?

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[JohnnyDoe]

It is not exploding. Cryptos are going to zero or below. rof/% This is just another bull trap.
You should read all the older threads where FUDded people were panicking. You will also find very serious TA showing clear patterns of a perennial bear market.

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[369]

the same reason why stock and co are raising to trap people in for the‌ next big cut which will be lower than the previous one.

 

[FlipnShip]

What happened to the 12-14 k fractal first?

 

[HoneyBoo]

Cryptos are following Bitcoin whenever it moves, I would recommend to stay away from tokens right now and stack some BTC, it's a good price to stack some for long term holding.

 

[menzu]

Cryptos are following Bitcoin whenever it moves, I would recommend to stay away from tokens‌ right now and stack some BTC, it's a good price to stack some for long‍ term holding.

 

[Golden Fleece]

At this point, if you‍ do not understand it then you never will. Stock and crypto are now correlated. Period.⁠

 

[clemens]

thank you. I get‍ a picture of it after all.

 

[Golden Fleece]

https://u.today/bitcoins-correlation-with-nasdaq-keeps-increasing-heres-why-its-bad-news

 

[EliasIT]

some of the people where right with the bull ride - it is already going‌ down again.