Massive Volatility For BTC During FOMC / CPI
As you can see from the chart,
Beginning last week, there was a leverage flush on
BTC
- Following another flush leading into the CPI data
- CPI data was positive, which led to a pump
- FOMC meeting and Jerome Powell speech 6 hours later leads to a correction again.
Trading this is a massive opportunity, not understanding what's going on is a massive risk.
Beginning last week, there was a leverage flush on
BTC- Following another flush leading into the CPI data
- CPI data was positive, which led to a pump
- FOMC meeting and Jerome Powell speech 6 hours later leads to a correction again.
Trading this is a massive opportunity, not understanding what's going on is a massive risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.