BTC, ETH, SHIB Price Predictions As Economist Warns of Coming Recession

๐Ÿšจ๐Ÿš€ Crypto Market on the Brink of Chaos! ๐Ÿš€๐Ÿšจ

<a href="https://usdaed.com/btc-usd/">BTC</a>, <a href="https://usdaed.com/eth-usd/">ETH</a>, <a href="https://usdaed.com/shib-usd/">SHIB</a> Price Predictions As Economist Warns of Coming Recession

So, you know how the crypto market is always going up, up, up? ๐Ÿš€ Well, not this time, folks. The whole thing is tanking because some genius economist at Moody’s is warning of a recession. And, of course, it’s all Donald Trump’s fault. ๐Ÿ™„

Moodyโ€™s Economist Warns of a US Recession

Mark Zandi, the economist, is like the crypto market’s worst nightmare. He’s saying that the US is careening towards a recession, and it’s all because consumers are getting all anxious and stopping their spending. ๐Ÿคฏ I mean, who doesn’t love a good recession, right? ๐Ÿ™„

Zandi’s favorite recession indicator is when consumer confidence drops by 20 points in three months. And, guess what? That’s exactly what’s happening. His recession indicator is flashing bright yellow, and I’m pretty sure that’s like, a warning sign or something. ๐Ÿšจ

So, what’s the main catalyst for this recession? ๐Ÿค” You guessed it: Donald Trump’s auto tariffs. Because, you know, nothing says “good economy” like a 25% levy on imports. And, of course, he’s got to make it sound all exciting by calling it his “Liberation Day”. ๐ŸŽ‰

Now, I know what you’re thinking: “Larry, this is all terrible news.” But, you know what? It’s actually good news for the crypto market. Because, when the Fed starts cutting rates and doing quantitative easing, it’s like a free pass for all the risky assets out there, like BTC, ETH, and SHIB. ๐ŸŽ‰

SHIB Price Prediction: Technical Analysis

The Shiba Inu price has been on a wild ride, folks. It went from $0.000035 to $0.00001125, and that’s like, a 65% drop. But, don’t worry, because it’s formed a rising broadening wedge pattern, which is like, super bullish. ๐Ÿš€ So, if it rebounds in the next few weeks, the next target will be at $0.000025. Up by 65% from the current level. That’s like, a nice little bonus. ๐Ÿค‘

But, if it drops below the ascending trendline, that’s like, a whole different story. Then, we’re looking at a drop to $0.000070. And, trust me, you don’t want that. ๐Ÿ˜ฑ

BTC Price Technical Analysis

Bitcoin is like the king of the crypto market, folks. And, right now, it’s got a rising wedge pattern and retouched the neckline of the double-top pattern. That’s like, a double whammy of bad news. ๐Ÿšจ So, if it drops to the year-to-date low of $76,890, that’s like, a whole lot of trouble. ๐Ÿคฏ

But, if it rises above $95,000, that’s like, a whole different story. Then, we’re looking at a nice little rebound. ๐Ÿค‘

ETH Price Technical Analysis

Ethereum price is like the wild child of the crypto market, folks. It’s formed a triple-top pattern at $4,000, and now it’s crashed below its neckline at $2,120. That’s like, a whole lot of trouble. ๐Ÿคฏ

And, if it drops to the support at $1,746, that’s like, a whole different story. Then, we’re looking at a nice little crash. ๐Ÿค‘

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2025-03-27 18:47