🔥The Fed decides, Bitcoin trembles 🤔

This month, the Federal Reserve (#FED ) will make a decision on interest rates, which could significantly influence the short-term #Volatilidad and long-term direction, according to some analysts.

A 25 basis point cut would indicate the beginning of a easing cycle, while a more aggressive 50 basis point cut could cause an immediate increase in the price of Bitcoin, but followed by a correction as concerns about a 18609747127 increase, indicates the article in the media Theblock.

Economists are concerned about several recession indicators such as the increase in unemployment, the inverted curve of US treasury bonds, among others. If signs of recession hit risk assets, analysts predict Bitcoin could hit $40,000 and $50,000.

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