Bitcoin Price Analysis!!!
As i have predicted from my previous post that BTC rebound today so till my post btc rebound almost 3000 dollars and still continues his journey. 90k is a strongest support for btc, almost 2 months period whenever btc touches 91k or 92k it rebound successfully, so no major dump we have seen in Trump era after election.
But now we have some logical questions that how long trump and authorities hold btc at 90k, we have just 5 days more, after 5 days if CPI report shows some negative news then maybe BTC 90k support but Trump and authorities never want to down btc much lower then that, so he promises to control unemployment rate and inflation rate before 29th January. So they need to cut rates according to market situation, after trump held in white house btc market goes up aggressively but after this aggression when market makes correction at that time if FOMC faild to increase fed cut rates then crypto market makes biggest dump in the history but trump makes some improvement and working on unemployment data and inflation rate so after little correction they need to control US market and also stock market.
But he failed to control this negative impact then we have seen crash in major Stock market for consecutive 2 or days. That's why market have certain strong fear index is higher then greed index. So data is changing from time to time we have 5 days left so hopefully we have some new posts with good and positive data and rebound market in its original form which makes another ATH.
So all eyes on 15th Jan data, that help to make decisions for 29th Jan FOMC meeting.
Thankyou and Thanks for your precious time
