The impact of the Fed’s decision to tighten policy to halt inflation will help determine whether bitcoin will see another banner year.
What would be the result of the hasty moves in Fed policy to affect the price of bitcoin during 2022?
Kindly, choose one of the following answers and please share your opinion.
1. Frequent price rises and falls;
2. It will boost the price;
3. It will lower the price;
4. No significant impact expected.
Seriously I don't see any significant impact. FED is trying to tackle the inflation which is a major area of concern. So if they are successful in doing that, it will help the entire ecosystem. But if they fail and the dollar slips even further, then we may see some positive impact on bitcoin's price.
Otherwise, bitcoin market is mostly immune from such activities. We have come a long way already and I think it will remain as it is.