The Fed Is Sending Bitcoin Over $32,000 On June 14th [Bitcoin Price Prediction]
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Watch Crypto Jebb Video: The Fed Is Sending Bitcoin Over $32,000 On June 14th [Bitcoin Price Prediction].
On May 3rd, 2023, Jerome Powell made a statement that sent shockwaves around the financial world. With 4 sentences, Jerome Powell teased that the next FOMC meeting would result in a rate hike pause, rather than a continued Fed Rate increase of 25 basis points per meeting. Considering hiking interest rates have been on of the most impactful policy decisions on the United States Dollars, Economy, and Citizenry, and one of the largest bearish factors hanging over Bitcoins head, their conclusion could spark the beginning of something HUGE for Bitcoin at the next FOMC meeting on June 14th. In this episode of Climate of Crypto: Why the Fed may have just triggered the next Bitcoin bull market.
#bitcoin #fedratehike #bitcoinpriceprediction
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Citations:
* https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
* https://www.federalreserve.gov/monetarypolicy/files/monetary20230322a1.pdf
* https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
* https://www.coinglass.com/LiquidationData
I am not a financial adviser; this is not financial advice. I strongly encourage all to do their own research before doing anything with their money. All investments/trades/buys/sells etc. should be made at your own risk with your own capital.
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