• The Fed raised its key rate by 0.25 basis points. Positive or negative for the crit market?
• Today, Bloomberg, in anticipation of data on the key rate, released an article: “According to the forecast, Bitcoin is set to grow by 70% this year”, some interesting points:
– Analysts: “$BTC is seen as a means of protection against problems in the banking sector of the United States and Europe.”
– Bitcoin is benefiting from expectations of looser monetary policy in the US.
– Turning on the Fed’s printing press is positive for risky assets.
– Katie Wood: “The rise in BTC price during the banking crisis will attract more institutional attention to this asset.”
– Technical research indicates a $BTC price target of around$35,000.
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