The last US Treasury Secretary Janet Yellen said that the money they injected into the markets stimulated the risk appetite and created a bubble in certain sectors in the stock markets.
She also said that a bubble has formed in cryptocurrencies and that Wahsington will bring regulation as soon as possible to fix it, warning investors to be careful.
Despite this, the markets are still on the rise but why?
Because Yellen said that despite all this, the economy is still hungry for monetary incentives and that this money supply will continue.
I thought if Bitcoin could break $ 54,900 upwards the target would = $ 59,000 and it continues to rise.
It seems possible that Bitcoin could be 59 in this case and even 60 if forced.
It seems like we won't be able to easily see gold of $ 51,000 anytime soon, even if things turn around.
This article is strictly my own opinion and not investment advice. Please do not invest by reading this.
