BtC
1.1G views
488,388 Posts
Hot
Latest
đĄ Bitcoin price wobbles ahead of Fedâs rate decision
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrowâs Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cutâthe first in over a decadeâwhile a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
đș Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarterâs 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoinâs trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fedâs key decision.
$BTC #BTC #Bitcoin
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrowâs Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cutâthe first in over a decadeâwhile a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
đș Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarterâs 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoinâs trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fedâs key decision.
$BTC #BTC #Bitcoin
Pepe Is going to 10,000% Up Now Time to Buy And Save My This Post For the future because at that movement you say your friend i see a Post on somewhere in which someone write pepe Is Going To 10,000% plus but i Ignore That Post But Now When I see Pepe And Trying To Buy I Want to cry Because I donât believe on That Post and not buying the PEPE that Time Donât say Thanks To Me In Advance Just Share And Share And Share With your Friend $PEPE #pepe #BtC $BTC $ETH
Youtube's official Facebook account was compromised by scammers. Posted a collab w/ top youtuber Mr.Beast to lure victims to send #Eth and #BtC to their wallet. Post was not accessible after few moments.
Checking the eth wallet through etherscan, the last transaction was 350 days ago. #TrendingTopic
$ETH $BTC
Checking the eth wallet through etherscan, the last transaction was 350 days ago. #TrendingTopic
$ETH $BTC
đ Daily market analysis - BTC
đ Yesterday's prediction was on point!
âĄïž The trend aligns with my recommended entry point tutorial.
đ It retraced after breaking through the 63000 area.
đŒ Now, the next entry opportunity is to test the 65200 area after surpassing it.
đŻ The upper target is aimed at the 69500 area.
đ± I share all market updates on Twitter.
đ My opinion may change based on price trends, so stay updated.
đ Check my latest tweet for the most recent analysis.
đŹ No insider info here; all updates are on Twitter.
đ° $BTC
đ "Personal analysis only, 2024/3/21"
#BtC update #HotTrends #BOMEtotheMoon #usdtcrypto #USDTDaily
đ Yesterday's prediction was on point!
âĄïž The trend aligns with my recommended entry point tutorial.
đ It retraced after breaking through the 63000 area.
đŒ Now, the next entry opportunity is to test the 65200 area after surpassing it.
đŻ The upper target is aimed at the 69500 area.
đ± I share all market updates on Twitter.
đ My opinion may change based on price trends, so stay updated.
đ Check my latest tweet for the most recent analysis.
đŹ No insider info here; all updates are on Twitter.
đ° $BTC
đ "Personal analysis only, 2024/3/21"
#BtC update #HotTrends #BOMEtotheMoon #usdtcrypto #USDTDaily
Sure, here are some beginner tips for getting started with cryptocurrency:
1. **Educate Yourself**: Before investing or trading, understand what cryptocurrencies are, how they work (especially blockchain technology), and the risks involved.
2. **Start Small**: Begin with a small amount of money that you can afford to lose. Cryptocurrency markets can be highly volatile.
3. **Choose a Reputable Exchange**: Select a well-established cryptocurrency exchange to buy, sell, and store your cryptocurrencies. Research their security measures and user reviews.
4. **Secure Your Investments**: Use hardware wallets or reputable software wallets to store your cryptocurrencies securely. Enable two-factor authentication (2FA) for added security.
5. **Diversify Your Investments**: Spread your investments across different cryptocurrencies. This can help mitigate risk in case one asset performs poorly.
6. **Stay Updated**: Cryptocurrency markets and technologies evolve rapidly. Stay informed about market trends, regulatory developments, and technological advancements.
7. **Beware of Scams**: Cryptocurrency scams are common. Be cautious of offers that seem too good to be true, phishing attempts, and fraudulent projects.
8. **Long-Term Perspective**: Cryptocurrency prices can fluctuate significantly in the short term. Consider a long-term investment strategy and avoid making decisions based on short-term price movements.
9. **Understand Tax Implications**: Cryptocurrency transactions may have tax implications depending on your country's regulations. Keep records of your transactions and consult a tax professional if needed.
10. **Don't Invest Borrowed Money**: Only invest money that you can afford to lose. Avoid investing borrowed funds or money meant for essential expenses.
By following these tips, you can begin your journey into cryptocurrencies with a more informed and cautious approach.
#bnbholders #BtC #XRP #Ada
1. **Educate Yourself**: Before investing or trading, understand what cryptocurrencies are, how they work (especially blockchain technology), and the risks involved.
2. **Start Small**: Begin with a small amount of money that you can afford to lose. Cryptocurrency markets can be highly volatile.
3. **Choose a Reputable Exchange**: Select a well-established cryptocurrency exchange to buy, sell, and store your cryptocurrencies. Research their security measures and user reviews.
4. **Secure Your Investments**: Use hardware wallets or reputable software wallets to store your cryptocurrencies securely. Enable two-factor authentication (2FA) for added security.
5. **Diversify Your Investments**: Spread your investments across different cryptocurrencies. This can help mitigate risk in case one asset performs poorly.
6. **Stay Updated**: Cryptocurrency markets and technologies evolve rapidly. Stay informed about market trends, regulatory developments, and technological advancements.
7. **Beware of Scams**: Cryptocurrency scams are common. Be cautious of offers that seem too good to be true, phishing attempts, and fraudulent projects.
8. **Long-Term Perspective**: Cryptocurrency prices can fluctuate significantly in the short term. Consider a long-term investment strategy and avoid making decisions based on short-term price movements.
9. **Understand Tax Implications**: Cryptocurrency transactions may have tax implications depending on your country's regulations. Keep records of your transactions and consult a tax professional if needed.
10. **Don't Invest Borrowed Money**: Only invest money that you can afford to lose. Avoid investing borrowed funds or money meant for essential expenses.
By following these tips, you can begin your journey into cryptocurrencies with a more informed and cautious approach.
#bnbholders #BtC #XRP #Ada
đšImportant Announcementđš
(FET)đcoin is about to experience a major pump! It's time to seize the moment and jump on board for potential profits. Don't wait around, get in now and enjoy the ride to the moon! Keep an eye on the charts and get ready for some exciting times ahead! đđ
âŒïžBuy ZoneâŒïž
3.0-3.1
â Take Profitâ
TP1:3.3
TP2:3.8
TP3:4.8
"Info by big bulls Buy At Your Own Risk"
#Fetch_ai #fet #BtC
(FET)đcoin is about to experience a major pump! It's time to seize the moment and jump on board for potential profits. Don't wait around, get in now and enjoy the ride to the moon! Keep an eye on the charts and get ready for some exciting times ahead! đđ
âŒïžBuy ZoneâŒïž
3.0-3.1
â Take Profitâ
TP1:3.3
TP2:3.8
TP3:4.8
"Info by big bulls Buy At Your Own Risk"
#Fetch_ai #fet #BtC
$ICP Buy bellow 13
$BNB Buy bellow 400
$SOL Buy bellow 110
#Eth buy bellow 3400
#BtC buy bellow 60k
#TrendingTopic
$BNB Buy bellow 400
$SOL Buy bellow 110
#Eth buy bellow 3400
#BtC buy bellow 60k
#TrendingTopic
