What's Next for the Crypto Market?

3 Mar

With all the hype around crypto ETF's and the Bitcoin Halving, the crypto market indicates there is a chance for a continued trend upwards that initiated last October. The economy however could go either way depending on the FED's decision to raise, hold or lower rates and the moralsuasion they will use to articulate their rationale. The major equity indexes in the US are trending up which has proven necessary for the crypto market to sustain it's momentum but they too are watching the FED closely. Some say the equity markets are over heated? Some say only a few stocks are and the majority are ripe for an upward move. Lot's of money still sitting on the sidelines and in the money markets that could help bolster equity rallies. What will cause that money to go risk on? Are the markets seeing what the FED is seeing?