A new macro development: “The probability of a Fed rate hike on October 28 has fallen to 18.3%.”
The news backdrop is somewhat bearish, which could dampen risk appetite and make crypto assets vulnerable to short-term selling. The key question is whether selling pressure will be flushed out all at once or continue to weigh on prices gradually.
$BTC is currently at 82270.19 and worth keeping an eye on.
#BTC
For discussion purposes only. You are responsible for your own profits and losses. Participate rationally.
The news backdrop is somewhat bearish, which could dampen risk appetite and make crypto assets vulnerable to short-term selling. The key question is whether selling pressure will be flushed out all at once or continue to weigh on prices gradually.
$BTC is currently at 82270.19 and worth keeping an eye on.
#BTC
For discussion purposes only. You are responsible for your own profits and losses. Participate rationally.