Bitcoin Price Suddenly Increasing 4,1 % At Time Of FED Speeches by President Lorie K. Logan schedule, What is The Next on FOMC Meeting Result in today?
17 September 2024 at 14:00 (UTC) is the schedule of speech of FED Lorie K Logan and the Bitcoin suddenly increasing to $61. 320 from $58.872 (4.1%) . Is this a coincidence?
Today 18 September 2024 at 18:00 (UTC) is FOMC Economic Projection and FED Interest Rate Projection which will make the market will be more volatile. Many hope the Fed will cut existing interest rates from 5.5% to 5.25%.
Most experts believe the reduction in US interest rates will be by 0.25% will drive BTC price soar and more if the reduction US Interest rates will be by 0.75%. But if FED not cut the interest rate so the BTC price will be dump.
So prepare your seat belt as market volatile. As who play future market, maintain your margin ratio not bigger than 5% or you have big possibilities will be liquidated on the time you sleep if you do not put SL.
Please be noted based on current market situation although the cut rate more than 0.25% it will not drive the BTC price will break it's new ATH.
How do you think the BTC price will be today?
Have you bought $NEIRO on the time of my posted?
