Despite the overnight trip to $37.6k, Bitcoin still looks like it is near the local bottom and is preparing a rebound π€·ββοΈ The direction of the crypto market today will be set by the Fed, they must announce a decision on the rate and start the process of selling assets. 2 scenarios are likely, the Fed does everything as expected +0.5% to the rate and sales of $95 billion per month, then all the negative is already in the price and you can grow up a little π€ The second option is that the Fed is playing with monetary policy more than expected, or at a press conference Jerome Powell will start scaring everyone with inflation and recession. In this case, we will get a new sale
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3 years ago by bitcoinrus (52)
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