Hey! Before I continue as always if you felt this idea helped or was insightful in anyway a like and follow is always much appreciated! As always I like to give you guys the news you need to know, when you need it, and this is exactly one of those moments without a doubt, so let's dive in! 🌊
📌Today at 2PM Eastern Time the U.S Federal Reserve will release it's decision on the rate hike and the market has basically been sinking in anticipation of it already but most investors as well as Banks are predicting a 75 BP rate hike already, so that's the first thing to note, next is that if we don't actually get 75 and instead see something like 100 then we could see another big selloff proceed as the Fed and Global Bank tightens down on Inflation. So watch for that today since well yeah, if we see a higher than expected BP hike then we'll likely get hit hard and BTC could possibly hit pre covid levels even.
📝The market was already expecting for the most part a 75 BP rate hike since inflation's got to be dealt with but if it's higher then we really know we're gonna be in for a long ride and that'll definitely result in a drop. And if not then we could possibly see Bitcoin start to take the journey back up from it's long fall it's been dealt. But for now keep watch as that'll be important and will gauge how the market should react.
Thank you guys for tuning in and as always leave a like and follow to keep posted on those great Ideas as always, I appreciate it and wish you guys the best, any questions or comments as always feel free to leave them below, I love talking with you guys so thank you and have a great day!
~ Rock
📌Today at 2PM Eastern Time the U.S Federal Reserve will release it's decision on the rate hike and the market has basically been sinking in anticipation of it already but most investors as well as Banks are predicting a 75 BP rate hike already, so that's the first thing to note, next is that if we don't actually get 75 and instead see something like 100 then we could see another big selloff proceed as the Fed and Global Bank tightens down on Inflation. So watch for that today since well yeah, if we see a higher than expected BP hike then we'll likely get hit hard and BTC could possibly hit pre covid levels even.
📝The market was already expecting for the most part a 75 BP rate hike since inflation's got to be dealt with but if it's higher then we really know we're gonna be in for a long ride and that'll definitely result in a drop. And if not then we could possibly see Bitcoin start to take the journey back up from it's long fall it's been dealt. But for now keep watch as that'll be important and will gauge how the market should react.
Thank you guys for tuning in and as always leave a like and follow to keep posted on those great Ideas as always, I appreciate it and wish you guys the best, any questions or comments as always feel free to leave them below, I love talking with you guys so thank you and have a great day!
~ Rock
