A cut in interest rates could stimulate job growth, which may lead to inflation. As a result, we expect today’s CPI data to show a slight increase. This could raise speculation that the Federal Reserve might raise interest rates again to control inflation. A rise in interest rates could make traditional assets like bonds more attractive, offering higher returns. Consequently, investors may sell off their cryptocurrency holdings and invest in bonds, potentially triggering a large sell-off in the crypto market and causing prices to dip.$BTC #CPIReport
My Prediction Sell Btc/usdt Sell Xau/usd Buy usd/xxxx
*Reasons why you should not buy when the market is pumping*
1. The market has already accumulated enough buy side liquidity to be used by the sellers,so bears can enter the market anytime. 2.Traders who bought the dip are now in profits and they can start selling to lock their profits. 3.There is more profit to be taken when the market is going down,so the Algos might start pushing the price down.
We now wait for the fed's decision on interest rates,if they cut the rates,we continue being bullish #BTC☀
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Satoshi_himself
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Bullish
What to expect this week
As the U.S. elections begin and Federal Reserve Chairman Jerome Powell prepares to announce the next interest rate decision, market reactions are anticipated. Based on the recent Non-Farm Payroll (NFP) data, there is speculation that the Fed may consider reducing interest rates to stimulate job creation. If Donald Trump is elected president and the Fed decides to cut rates, we expect Bitcoin to experience a bullish trend, with the potential to reach the $100,000 mark by the end of the year.
As the U.S. elections begin and Federal Reserve Chairman Jerome Powell prepares to announce the next interest rate decision, market reactions are anticipated. Based on the recent Non-Farm Payroll (NFP) data, there is speculation that the Fed may consider reducing interest rates to stimulate job creation. If Donald Trump is elected president and the Fed decides to cut rates, we expect Bitcoin to experience a bullish trend, with the potential to reach the $100,000 mark by the end of the year.
Considering the last Cpi results which indicated an increase in inflation in the Us by 0.2% from the last Cpi results ,we expect the feds to act and increase the interest rates,this will force the banks to increase their lending rates.An increase in lending rates will chase away investors from borrowing and starting investments.Reduced investments will cause an increase in unemployment.Increase in unemployment will result to people having less money in their pockets.This will later cause a decrease in buying power and the supply of commodities will tend to increase.An increase in supply will cause a decrease in price of commodities (Deflation). This means that the dollar will start gaining strength and now people who use crypto as a hedge against inflation will now be confident to sell their crypto and convert them to fiat(USD).More selling pressure will cause the crypto prices to drop.
Satoshi is a fake name given to a guy/lady/group who discovered the first Cryptocurrency and was able to break the double spending problem. *Why did Satoshi give us a Gem then decided to stay anonymous and silent*
After the creation of Bitcoin,drug dealers and criminals found it easy to receive and send payments anonymously.Satoshi had to step down, because he understood the laws,and since 'Bitcoin was an easy prey' he destroyed any data he had that could make it easy for anyone to pull down Bitcoin. Satoshi main aim was to make Bitcoin the global payment system,a goal he has not achieved yet.
Will Satoshi come back and try to reach his goal? Who is Satoshi? Is he alive? Where is he/she?
Reflecting on my journey with Binance, I’m filled with gratitude and fond memories. As a beginner, the trading platform provided me with the tools and support I needed to start trading with ease. Anytime I encountered issues, the customer support team was always there to help me solve my problems quickly and efficiently.I’ve witnessed incredible improvements in the app, including the introduction of Binance Web 3, which has been a game-changer. Throughout this period, I have always felt safe and confident that my funds are secure.The community leaders have been exceptional, always ready to assist and guide users, creating a supportive and engaging environment.Thank you, Binance, for your dedication to innovation and for being a pillar of trust and reliability in the crypto world. Here’s to many more years of success and growth! Happy birthday 🎉 BINANCE #BinanceTurns7
#BinanceTurns7 Happy Birthday, Binance!Congratulations on reaching another milestone. Your dedication to innovation and excellence in the crypto space is truly inspiring. Wishing you continued success and many more years of growth and prosperity!
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Binance Square Official
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Activity Period: 2024-07-05 12:00 (UTC) to 2024-07-10 11:59 (UTC)