Altcoins could see more pain as Feds keep up Interest rate hikes
Using a 4 hourly chart. Unfortunately, as we move into this bear market with all of the recession and inflation fears we will continue to see a drawdown in crypto prices. As I posted recently on a hidden bearish divergence with the Altcoin market cap chart we are starting to see a pullback already. I have a fractal for illustrative purposes only and as a visual of what can happen price-wise. Inflation numbers come out July 13th and then after this we will know how aggressive the Feds will be with the next rate hike.
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