ARESABI

[CRYPTO] Bitcoin Update: All Eyes On The FED

شراء
BITSTAMP:BTCUSD   بتكوين

In my previous idea from June 2022, I've explained why I expect the BTCUSD price to go flat for this summer.
This idea has worked out very well so far. On July 27th, the FED will announce another interest rate hike of 75 basis points.
At least that's what everyone is expecting. And this is also the point of this update: I consider the upcoming rate hike as priced in.
We're gonna see volatility, but the market is more leaning toward a relief rally than another sell-off.

I'm personally waiting for the price to cool off a bit and may enter a leveraged long position in the $19800 to $20300 range.
If you want to copy my trades, check out my signature. If you want to see more crypto ideas - feel free to drop my a like & a follow :)

ARESABI

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