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šš„ alts will follow! Bitcoin is now out of danger zone ! Sky is the limit !
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MihaiDaniel
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Bitcoin good evolution although at the Fed everything is unchanged, we are entering the potential peak area, on May 10th the discussions for US China tariffs resume. Liquidity can be taken in the $103,000 area, as the price rises it becomes increasingly clear that we are not in an opportune area for what they want to buy now
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Today the Fed will decide what to do with the interest rate, the reaction of the bitcoin price yesterday is more related to the tariff discussions between the US and China. Rumors suggest that the interest rate will be cut by 1% which will take bitcoin to $ 100,000, a more aggressive cut could generate an ATH, keeping the rate unchanged could drop bitcoin to $ 90,000 and even lower, an increase in interest rates would take the price below $ 85,000 quickly. Simply put, these are the possible options!
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What does today's FOMC meeting mean for you and your money? Introduction: Today and tomorrow, a large group of people in the United States of America are meeting. It's called the FOMC (Federal Open Market Committee) and they're deciding what happens to interest rates. These interest rates influence how much it costs us to get a loan from the bank, how much we earn if we have money set aside, and even the prices in stores. Everyone is waiting with bated breath to see what they decide. What is expected to happen? In general, experts don't think the FOMC will change interest rates now. That means that lending rates or deposit rates are unlikely to change suddenly today or tomorrow. What will the FOMC leaders say? Their message is expected to be one of "wait and see." That is, they will say that they are paying attention to what is happening in the economy and will make decisions based on new information that comes out. There are a lot of uncertainties right now, so they donāt want to rush to change rates. What does this mean for you? * If you have a loan: Your monthly payment probably wonāt change anytime soon. * If you have savings in the bank: The interest you receive will probably stay the same for now. * Store prices: We shouldnāt see any major price changes right away because of this meeting. What could change in the future? Everyone is watching whatās happening with the economy. If things are going well and prices continue to rise too much (inflation), the FOMC could raise rates later. If the economy slows or issues arise, they could lower rates. Many believe a rate cut could come as early as July, and thatās only if economic data allows it. Market reaction: Stock markets and other financial markets will be paying close attention to every word FOMC Chairman Jerome Powell says. Even a nuance in his speech could cause stock prices or the exchange rate to move a little. Today's FOMC meeting is important, but no major changes are expected immediately. The main message will be one of caution and waiting.
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šØ BREAKING: Wall Streetās $10 TRILLION giants-Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS-are set to open the floodgates for #Bitcoin ETFs by year-end, says Bitwise CIO Matt Hougan. This move could *quadruple* institutional access, driving a new wave of adoption and record inflows. The era of mainstream crypto investing is here-are you ready? #Crypto #ETF #BitcoinAdoption
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Bitcoin closed the week bullish! Bitcoin ETF was on a wave last week, inflow of over 3 Billion $ What's next? If it breaks $96,000 the next target is $102,500, if 95,000 remains unsurpassed I will position myself in the $82,000 - $84,000 area with pending orders
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