Right now buy Bitcoin – Karl Martin ‘The Moon’ in an exclusive interview for BeInCrypto
In an interview with BeInCrypto, Karl (The Moon) shared his vision of the future crypto market
Central banks will soon start buying shares to save the economy
BeInCrypto’s editors recently spoke with a well-known cryptocurrency commentator “The Moon Carl “, and found out that he thinks about the state of the market in these dangerous times.
In October he talked about Tom, what’s the next bull run will lead bitcoin to $ 200-300 thousand. Also he repeatedly emphasized that, since 2009 of the year, the first cryptocurrency makes rising lows.
However, the current market crisis will be a severe test for Bitcoin. Karl told BeInCrypto how will be the future of the industry.
Central banks print money at breakneck speed
Karl identified two main problems: high levels of debt and low (sometimes even negative) interest rates set by central banks..
A fearsome mountain of debt will inevitably collapse. Previously he considered COVID-19 a needle that would pierce a bubble, but now he tends to compare him to a bazooka.
All central banks are not only The Federal Reserve is buying up assets at a record pace. He also stressed that for the first time in history, regulators came out to the corporate debt market. Essentially, it is the last desperate attempt to save the economy. They are they do it because I know that otherwise they will fail and chaos. Karl believes that central banks soon will be forced to buy shares in order to save financial markets. it will inevitably lead to growth inflation, and she already in turn will develop into hyperinflation.
“We have witnessed unique events”, – stated is he. “No matter how dangerous the virus is, the fear is real.”.
When the bubble bursts, Bitcoin will be in a whirlpool of insane volatility. but Karl emphasizes that this is not a reason to forget about the fundamental aspects. cryptocurrencies.
“Bitcoin has never been so oversold”
The current crisis has extinguished bullish impulse before halving. In fact, bitcoin has never been so underestimated before dividing block rewards. Karl thinks this is a clear buy signal..
However, given the unique circumstances, he notes that the bullish market won’t start earlier, than a year after the halving. By him Cycles are actually lengthening because Bitcoin is becoming more mature asset, and investors look at long term time frames. So way, he believes that now is the best time to buy bitcoin.
Despite the turbulent situation in the world, Karl continues to shoot video and does not slow down pace. He sees his mission is to tell people about reasonable monetary politics. Even in times like these, it helps him gather loyal bitcoin supporters..
Despite difficult times and the possible collapse of the bubble, The bubble may be popping. Karl hopes that we will eventually arrive at sound monetary policies that stimulate savings rather than debt financing. These hopes and this attitude is fueled and supported, he told BeInCrypto.
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