BTC versus the FED! Breakthrough 9700 to respond to interest c
Updated
Guys i cannot sleep, because I have this guts feeling that something will happen soon.
I am thinking BTC will push through 9700 to 10k very soon, because tomorrow will the FED "most likely" make an interests rate cut -> leading to an inflationary monetary policy -> printing more money.
As BTC is a store of value (-> protecting versus inflation), smart money will mass buy BTC.
Target is 11k and more, maybe 12k (e.g. 11800). Then a big dump to 10k or lower, finally to 8.5k. (scenario idea from Alessio Rastani -> follow him on youtube)
I am thinking BTC will push through 9700 to 10k very soon, because tomorrow will the FED "most likely" make an interests rate cut -> leading to an inflationary monetary policy -> printing more money.
As BTC is a store of value (-> protecting versus inflation), smart money will mass buy BTC.
Target is 11k and more, maybe 12k (e.g. 11800). Then a big dump to 10k or lower, finally to 8.5k. (scenario idea from Alessio Rastani -> follow him on youtube)
Comment
tradingview.com/chart/V3UanZjA/11.8-12k is realistic now to keep getting up. let see what happens tomorrow and on Tuesday.
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