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22.03.2023

• 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.

Positive or negative for the crit market?

Your Dasha
Dashka.exchange

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18.07.2024, 08:14