People need to accept the harsh reality that crypto isn’t likely to be pumping anytime soon, and it’s because of interest rate hikes across the world.

The world isn’t exactly in great shape. Inflation has been soaring across the globe, and to combat it governments have increased interest rates. Over 45 countries are doing it, to be precise.

In environments where rates are low and money flows, it’s often called loose monetary policy. And in economic climates where rates are raised, we call in tightening.

When we are loosey goosey with rates, investments tend to do well because capital flows more freely as loans and collateral are easier to afford.

When rates get tight and start to bite, it’s harder to spend as freely and borrowing becomes harder. Basically, there’s less money and less volume in markets.

Right now, countries across the world are furiously raising interest rates to combat inflation. It’s one of the swiftest money tightening cycles ever, and throw in some war and post pandemic recovery, and things look dicey to say the least.

Crypto is awesome, I love it, we all do! But it’s not exactly a blue chip stock, it’s a speculative asset, and the risk of that makes it a no no in a world where we are tightening our belts and being wary of rate rises.

Eventually, we will get things under control and rates will be eased and lowered. When this happens, governments, businesses, and people who tightened their purses during rate rises find opportunities and optimism to spend their money again - much of that money finds its way into the market, and to crypto.

I have no doubt the next bull run will be epic. However, I think you are very optimistic to think it will happen in the midst of such a historic monetary tightening environment.

Naturally, I could be very wrong. But the obscure technical analysis appearing lately to provide hopium hasn’t convinced me otherwise yet.

TL:DR - Interest rates are climbing across the world, which is bad for investments and will inhibit the potential for a new crypto bull run. When looser monetary policy begins the bulls will rise once more, but not a moment before.