🚨🇺🇸 WARSH CONFERENCE SUMMARY:
The 25-point increase was already discounted, but what WARSH said affected BTC.
What do you need to know and how does this affect $BTC ?
- Inflation is too high.
- The focus is on maintaining price stability.
- It is estimated that at least one more 25-point rate hike will happen this year.
Higher rates = a higher opportunity cost of holding assets that don’t yield (BTC).
I’ve been projecting a BTC correction in wave 2 for weeks; what matters is to hold the 72k zone.
From that zone, a wave 3 impulse is possible that breaks 83k.
In my opinion, it’s an opportunity to accumulate for those who have nothing.$BTC
The 25-point increase was already discounted, but what WARSH said affected BTC.
What do you need to know and how does this affect $BTC ?
- Inflation is too high.
- The focus is on maintaining price stability.
- It is estimated that at least one more 25-point rate hike will happen this year.
Higher rates = a higher opportunity cost of holding assets that don’t yield (BTC).
I’ve been projecting a BTC correction in wave 2 for weeks; what matters is to hold the 72k zone.
From that zone, a wave 3 impulse is possible that breaks 83k.
In my opinion, it’s an opportunity to accumulate for those who have nothing.$BTC
