Prediction of 4 Scenarios from Fed's decision on BTC
Bitcoin / TetherUS BINANCE:BTCUSDT
From what I’ve managed to gather, 7 out of 9 governors vote for a +50bp hike; 8 out of 9 are in favor of reducing B/S.
If the news to be released in 3.5 hours comes out with reducing balance sheet , which is likely to take effect in June, then highly likely we’ll see a black swan.
+50bp is within expectation, but it’s still negative to the market. We can expect a pull back in 1-3 days but it’s not strong enough to reverse as liquidity is under the pressure of flowing out…
Welcome your comment and ideas.
Viva la Bitcoin .
Safe trading, frens.
