After the latest FED meeting and speech in Jackson Hole, we’ve seen one of the strongest short term drops in weeks for overall markets, affecting not only #crypto, but completely hammering #stocks and even #commodities.
How will this affect price action over the next couple of weeks?
My belief is that we might be at the local lowest levels yet (perhaps close) and mid term bounce back is expected. August is about to close a few days from now and September has been a bad month for stocks since 1897.