FOMC Meeting May Impact Bitcoin Rally
According to @CryptoMichNL, the upcoming FOMC meeting at 8.00 PM CET is expected to be a non-event with no immediate changes. However, traders should focus on future guidance, particularly the potential for rate cuts in September. If rate cuts are indicated, it could lead to a fall in yields and a subsequent rally in Bitcoin.
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Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
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