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Which one are you? Investor 🔥 Trader ❤️ Comment 👇 #Write2Earn! #EDUCATIONL_POST
Which one are you?
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#BTC/USDT Market Update 🚨 #Bitcoin is now trading around 67.4k. Bitcoin is currently testing the support of the rectangular zone after getting dumped. So the Possible scenarios are If the price pumps from the support zone after takes support, the price can move towards the upper resistance zone of the rectangular zone. Otherwise If Bitcoin dumps and breaks down the rectangular zone, we may see a bearish move. Stay tuned with us for further updates✅
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#ETH/USDT Market Update 🚨 #Ethereum is now trading around 3495$. Ethereum Dumps by Breaking Down the Rectangular Zone as We Predicted. Now the Possible scenario is Based on the pattern we may see more dumps in Ethereum. Stay tuned with us for further updates✅
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#BTC/USDT Market Analysis 🚨 Bitcoin has broken down the ascending trendline (dashed line) and is currently trading within the Ichimoku cloud zone. We can expect a downward movement and further consolidation inside the ascending triangle. However, if it breaks above the triangle's horizontal resistance zone, we could see significant gains in the crypto market.✅
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🚨JUST IN: 13,000 #Bitcoin have been withdrawn from Coinbase Yesterday. Looks like your #BTC supply is running out #coinbase 👀
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#FOMC A Summary of 🇺🇸 FED Chair speech: - Unemployment rate came in higher than expected but remains low at 4% - Inflation Rate came down but are still higher than what we want. Inflation is a hardship for the people and we want it to be sustainable at 2%. 2% is the GOAL! - If we Cut rates too fast and too much the inflation rate might reverse and starts to go higher. But if we cut rates too late we will risk to hit the labour market! - We can't promise anything right now. We need to see more Data and respond to them. To meet the both side of our dual mandate. - Maximum employment and Low Inflation. Price stability is essential for the Economy. We are in service to the people of America and businesses in the US. - Data prints lags and they are remaining conservative into the future Data readings. the FED is welcoming todays CPI reading of 3.3%. - When asked if we will get 2-3 Rate Cuts this year if the next CPIs will come in like the CPI reading this morning. FED answers: we need to be reactive and responsive to the Data. We will be very Data dependent. We don't want to talk about future readings/meetings. We just have to wait and watch the labour market. My opinion is that Rate Cuts will come in September-December 2024. Risky Assets like #BTC and NASDAQ Tech stocks will pump. PS: Jerome Powell is one of the best Central Bank Chair. So please have some respect in the comments. All of you that dislikes him just really have no idea how hard it is to try fix the complex US economy with only one tool. If you think US FED is so bad please point me a more competent one in the world right now. With that said Yes he knows Inflation was coming when he said it is transitory. It is called manipulation to lower the inflation expectations of the people. It is in our textbooks. This is what a central bank is supposed to do so that Rate Hikes has more Effect! It is like when you draw bad as a child and your mom say to you. Wow so beautiful to make you feel good.
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Bitcoin(BTC) Surpasses 68,000 USDT with a Narrowed 0.16% Decrease in 24 Hours
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