Bitcoin just slipped below $79,000 and everyone is panicking.
But here is the real reason no one is telling you 👇
The Fed is expected to HIKE rates next week on Sept 16 and the market is pricing a 60% chance of it.
When rates go up:
→ Dollar gets stronger
→ Risk assets like Bitcoin get dumped
→ Traders de-risk before the decision
This is why BTC is at $78,800 right now and holding under $80k.
What happens next?
If Fed hikes -> We could see $75k
If Fed pauses -> We bounce back to $82k+
The next 5 days will decide the next 5 months.
Are you buying this dip or waiting for $75k?
Comment BUY or WAIT below 👇
#Bitcoin #CryptoNews #Fed #BTC #BinanceSquare #CryptoMarket #BitcoinCrash #Trading
But here is the real reason no one is telling you 👇
The Fed is expected to HIKE rates next week on Sept 16 and the market is pricing a 60% chance of it.
When rates go up:
→ Dollar gets stronger
→ Risk assets like Bitcoin get dumped
→ Traders de-risk before the decision
This is why BTC is at $78,800 right now and holding under $80k.
What happens next?
If Fed hikes -> We could see $75k
If Fed pauses -> We bounce back to $82k+
The next 5 days will decide the next 5 months.
Are you buying this dip or waiting for $75k?
Comment BUY or WAIT below 👇
#Bitcoin #CryptoNews #Fed #BTC #BinanceSquare #CryptoMarket #BitcoinCrash #Trading