Powell Drops a Bombshell: The U.S. Debt is a House of Cards
During a Monday TV interview, Fed Chair Jerome Powell confessed that the U.S. debt trajectory is “unsustainable.” He warned that debt will grow faster than the economy, making investors less willing to hold the dollar for long. In the world’s latest “hedge” playbook, he highlighted Bitcoin as the go-to safe haven.
Bitcoin Market‑Cap Hit Sky‑High — But What’s Next?
- Seven‑day cap rise: +1.8% → $1.65 trillion.
- After a cool off, traders dumped a bit, but the buying fire rebounded.
- Price action: ≈$43,000 with a recent dip to $42,200.
At the start of the week, market tremors from weak Chinese stocks triggered a sell‑off, yet Bitcoin bounced like a rubber ball round the $42,200 mark. The support at that level stingy‑fell and pushed the price back into the cold, familiar $43k range, matching the average since early December.
The 50‑Day Moving Average Says “Hang on”: My Take on Market Direction
This week’s data shows the 50‑day moving average flirting with parity. It’s a red flag that traders are biding their time. Meanwhile, the dollar index was climbing and stocks were lifting in tandem — an unusual cocktail for market risk‑takers. The undercurrent? Bitcoin’s forthcoming ETF—keep your eyes on that.
Power‑Ups & Tweaks: Will Ethereum Soar?
In the next three to six months, Ethereum could shoot up to the $3,500–$4,000 corridor. The milestone move? A network upgrade plus the looming ETF launch on the second‑largest crypto. All signs point to a bullish streak, but let’s not forget that Bootstrap’s Celsius has just started paying back $3 billion in debt— a fresh dose of credibility that will persuade even the most skeptical.
What’s It All Mean for You, The Investor?
Powell’s warning makes Bitcoin look like the “go-to” in a crisis. Try buying on dips— it’s the standard play in the crypto world. Keep an eye on those technical levels, stay ready for the upcoming fork in March, and you might just ride the next wave.
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