Why $BTC is dropping and what's next.
Some Whale and Institutional Investors are starting to take their profits out of the market in preparation for next week FED's FOMC meeting; anticipating the coming announcement of FED's Chairman Jerome Powell on interest rate.
Since the U.S. Inflation data release last March 13 appeared to increase from 3% to 3.2%, and the CPI report coming very hot investors are predicting a hawkish announcement of the FED next week March 19-20 making them cashing out their gains and preparing again for a new entry at the dip after the FED's Meeting.
Trade wisely, learn what is affecting the market.
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