$BTC at 76000 $ the day before the @federalreserve decision : Will the pullback accelerate?
In the hours leading up to the Fed’s decision, more than a dozen banks are betting on a 25-point rate increase of @base, a scenario currently priced in by the market with an 87.3% probability. The main reasons are inflation proving more persistent than expected and a crude oil price above $100. Faced with such a tightening of expectations, BTC is trading around $76,000, after having moved above $79,000. The verdict on Wednesday, September 16, should reshuffle the cards.
In the hours leading up to the Fed’s decision, more than a dozen banks are betting on a 25-point rate increase of @base, a scenario currently priced in by the market with an 87.3% probability. The main reasons are inflation proving more persistent than expected and a crude oil price above $100. Faced with such a tightening of expectations, BTC is trading around $76,000, after having moved above $79,000. The verdict on Wednesday, September 16, should reshuffle the cards.