Post
Topic
Board Bitcoin Discussion
Re: FED raises fund rate and Signal possible paused
by
Edwardard
on 05/05/2023, 02:40:08 UTC
So this event a few hours from now I think 4 hours from now it is possible that Bitcoin's value will pump 35k$ or more and suddenly dump up to 25k$ if its minor lower high is not broken.
That was just too much volatility you were expecting for.

Today's unemployment data and nonfarm payrolls followed by CPI and PPI data in the upcoming days will decided the next fate of Powell and the FED. And seeing the banks taking another dump in the last few days, I think the data will be good for bitcoin overall. More Greener days, hopefully Smiley