FOMC and BTC

By crypto black jack | Crypto Jack | 31 Jul 2024


Today, the FED's decision on interest rates is due, and the chance of a rate cut is minimal. However, if what Powell says does not please Wall Street and the dollar strengthens, BTC along with the stock markets could face a significant sell-off.

Closing the daily candle below $65,000 could signal a drop towards $51,000.

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Crypto Jack
Crypto Jack

cryptocurrencies, DeFi, security

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