$BTC 🔵 Here are the most important developments:
• Three major global events this week, the first of which is the US elections tomorrow, Tuesday, and Thursday the US interest, and expectations of an Iranian attack on Israel at any moment.
• Tomorrow 5-11-2024, the US elections will be a very long day, so far the opinion polls give very close results, meaning a division between Trump and Harris.
• Some international banks indicated that if Trump wins, this may support the dollar and negatively affect the euro because Trump will declare an economic war with France.
• The president is elected by the Senate and needs 270 votes to win.
• Some states will be decisive, such as Pennsylvania and Iowa, Iowa, which is loyal to Trump, the last poll gave a slight bias towards Harris, which increases the possibility of a split in the results.
• Then Thursday 7-11-2024 will be the date of the US interest rate decision, will the Federal Reserve cut interest by a quarter point due to the sharp decline in jobs?
• Or will the market be surprised by not cutting interest and the dollar soar?
• Finally, the expected Iranian strike on Israel, will it be before the elections to confuse the cards and disrupt the American elections or after them..!
👈 As we see, a week full of fiery events, so be careful when trading this week.
