Bad news: an expert made a forecast about cryptomarket future

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Elena Klimovich

17:54 12/07/2022

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Bad news: an expert made a forecast about cryptomarket future

According to the opinion of the major analyst of CoinShares Meltem Demirors the beginning of the BTC recession is delayed and until it will come the cryptocurrency investors face many difficulties.

Despite the positive forecasts of many analysts who are sure that the peak of complexity is already overcome, Demirors in her Squawk Box interview admitted that growth's katalizators which can help digital gold to increase are still absent. Thus the markets continue to fight against current sentiments of bearish trend.

As reasons for these she noticed the situations on the global markets and the Fed politics. According to her words, it will lead to difficulties for cryptocurrencies and the public's tech-companies shares.

Maltem Demirors mentioned huge losses of liquidity after bankruptcy and liquidations of the companies when billions dollars got out of the system in several hours. In addition to this we know that the majority of companies are not in stock and we can’t see the whole picture of the market.

As we said before there are some experts who speak about bullish signs that can be seen clearly. Any case, the crisis that came some time ago has had a great influence on the crypto-system.


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