Post
Topic
Board Bitcoin Discussion
Re: FED raises fund rate and Signal possible paused
by
LastKiss
on 05/05/2023, 04:55:01 UTC
~snip~
What do you think will happen? this is a type of event that every 16 years actually has this problem due to inflation. Please also give your opinion on this matter.

Reference: https://www.washingtonpost.com/business/2023/05/03/fed-rate-hike-powell-banks/

A big chance that Bitcoin will start the pump when the FED starts cutting its interest rate, as for now I think the FED will hold that interest rate at 5.25% since the FED is waiting until the inflation to go lower near around 2-3%. 35k$ won't be impossible to reach next month I think since there are lots of banks already in trouble cause the interest rate keep hiking.