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Wow, looks like Bitcoin slept better than me, I have to change the mattress.
I woke up and like every day, after showering, having breakfast, and getting dressed, I started to watch the news and write a post. I was a little late and I had to leave the house quickly so as not to be late. During the displacement, I began to see the prices and I have been happy.
We have Bitcoin above $23,000, ETH above $1,600, Litecoin near $60, Solana near $40, and Tezos at $1.64 among many other rallies in the market. You already know that the joy at the home of the poor does not last long, but for now, we have a recovery in prices caused by yesterday's rise in the stock markets.
I don't think this is the start of a big bullish rally but with Bitcoin, in this area, we can look for the next resistance and then see if it manages to stabilize above 24K where it would be a good area to take profits if you bought at 18K.
For the time being, the market is reacting positively to the FED's measures, since they are within what was expected and they had already discounted the price of this rise in interest. We continue to pay close attention to the evolution of consumer prices and job creation since they will be the indicators of inflation and the state of the economy that is expected to slow down in the coming months.
I hope you rested better than I and have a good day!
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This post was also published in read.cash by me, The Crazy Dude
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