Bitcoin

$BTC 2017 Interest Rate Hikes

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I marked out the three interest rate hikes that took place in 2017. After the announcement of the first two (Mar 16th, and June 15th) price dropped by -29% and -24%, and finally the last one that took place on Dec 14th resulted in a +24% short term moment. As you can see, they have short term implications on the market, but if you look at what comes after the temporary drops they dont impact the market as bad as what everyone thinks.

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