$BTC
🚨🚨 Market forecasts suggest an 85% chance that the Federal Reserve will keep interest rates on hold this month
Historically, whenever this signal appears clearly in the markets, the price of Bitcoin has seen a drop of nearly 10% over the following days
Analysts reckon this time won't be an exception either, and it could well be the spark that sets off the next major correction down toward fresh lows
$ETH
This comes amid liquidity pressures and rising bond yields, making high-risk assets like Bitcoin proper vulnerable to heavy selling
Traders anticipate that keeping a tight monetary policy will fuel profit-taking, especially with the ongoing suspense surrounding December's decisions
As things stand, this scenario could well open the door to a deeper correction wave, retesting previous lows in the current market cycle
$SOL
#Fed #USGovernment #Market_Update #CryptoPatience #kevin
🚨🚨 Market forecasts suggest an 85% chance that the Federal Reserve will keep interest rates on hold this month
Historically, whenever this signal appears clearly in the markets, the price of Bitcoin has seen a drop of nearly 10% over the following days
Analysts reckon this time won't be an exception either, and it could well be the spark that sets off the next major correction down toward fresh lows
$ETH
This comes amid liquidity pressures and rising bond yields, making high-risk assets like Bitcoin proper vulnerable to heavy selling
Traders anticipate that keeping a tight monetary policy will fuel profit-taking, especially with the ongoing suspense surrounding December's decisions
As things stand, this scenario could well open the door to a deeper correction wave, retesting previous lows in the current market cycle
$SOL
#Fed #USGovernment #Market_Update #CryptoPatience #kevin