@BOMBERuss 4 October 2021 more from that month

Every 4 years in the fourth quarter there was an explosive increase in the price of bitcoin. For example, in 2013, the value of the first cryptocurrency soared by 481% in three months, from $132 to $767, rising above $1,120 at its peak. And in 2017, the bitcoin exchange rate showed an increase of 225%, from October 1 to January 1, rising from $4.3 thousand to $14 thousand, on December 17, setting a historical maximum of $19.4 thousand at that time. "It all depends on the mood of regulators" Bitcoin and other cryptocurrencies may well go up in the fourth quarter of this year, if a favorable environment develops for this, according to Artem Deev, head of the analytical department of AMarkets. However, the possibility of a stock market correction (the prospects for such an event are growing every day, as high inflation continues in the US, which will force the Fed to curtail its soft monetary policy faster) is also a danger for digital assets, the expert warned. "In the event of a correction on stock exchanges, bitcoin and other currencies will begin to sink along with them, which has already happened repeatedly this year," Deev believes. He named another factor that could negatively affect the market: the Federal Reserve is preparing to consider the advantages and prospects of introducing its own digital currency in the United States. And this means that the same large-scale attack on the crypto market may begin in the United States as in China, Deev is sure. According to him, crypto assets that are not regulated by the Central Bank are becoming a serious tool for tax evasion and compete with the digital dollar (which the Fed is likely to introduce in the country). "Everything for the market depends on the mood of regulators, on the news regarding the strengthening of regulation. If these events do not happen, bitcoin may gradually increase in value and reach the highs of the beginning of this year," the expert predicted. Crypto Market Insights And Analytics: #CryptoTrading