forexscorpion

BITCOIN MOVE DEPENDENT ON FED RATES

BINANCE:BTCUSD   Bitcoin
BTCUSD - 12H
Yesterday (Sept 13), BTCUSD went down on disappointing CPI data, today we see a little rebound after PPI data, now BTC is totally in Fed hands. If we see Fed increasing the rates by 75 points or less this might be good for Bitcoin otherwise we will see more pain.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.