Quote from: lizarder on Today at 01:21:01 PM

Short-term manipulation is a constant in financial markets, and it applies to everything. The Fed's statement is always eagerly awaited by some to exploit market opportunities, and its words can always lead to two opposing positions by the time the speech concludes. The Fed's power to raise or cut interest rates has always had a short-term influence on financial markets, and Bitcoin's trajectory is no exception.

Recently, we saw a reversal in Bitcoin's price movement, with a significant drop from its all-time high. We need to be careful in facing uncertain market situations like now so that we can take several steps to avoid unwanted losses, in this way we can be wiser in seeing existing opportunities.

That is sad because it's very short term, and I do not understand why the market reacts the way it reacts knowing that it will be all for nothing in a few days anyways. I get that the rates didn't cut down like people hoped it would, and that did made the price go down. Like I get it, that's the reason, and I understand that, because if the rates were cut, the return on interest would be lower, and some people would take it out of the interest, and put it in bitcoin was the hope, and that did not happen so price went low. But why drop to 111k?

When you know it will be recovering, we know it will do better and it is not going to be that bad at all. We should expect it to be better on the long run, so why agree to sell at lower?