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RE: Will the Fed influence Bitcoin's next price action move?
The Federal Reserve just raised interest rates by 0.75 percentage points and the crypto markets are rising at the same time. Some say it's because the rate hike was within expectations, but I think the fact that the cryptocurrency is still pumping at this point is a sign the maturity and toughness of the crypto community
Thanks for sharing. Have a good day :)
Hi @qsyal
In the trading world there is a belief that price will always break in the opposite direction to what the masses think.
Best regards, be well.