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Month: May 2024
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Bitcoin stabilized around the $58,000 mark after the U.S. Federal Reserve kept the benchmark interest rate unchanged on Wednesday. Chair Powell said the economy is too strong to cut rates while ruling out increases despite disappointing inflation figures. Having lost the $60,000 support level late on Tuesday, BTC fell as low as $56,500 yesterday, with
This is all about the latest crypto price prediction based on what happened after the 3 previous Bitcoin halvings. In my last video we uncovered the fact that historically the big summer rally doesn’t actually happen at the time of the halving but on average its 1-2 months after … and so the question of
In addition to the rate news, the FOMC announced it is slowing the reduction of Treasuries held on its balance sheet – the so-called quantitative tightening (QT) – from $60 billion per month to just $25 billion per month. Other things being equal, the move is likely to boost risk appetite and asset prices, wrote
Master Trader Gareth Soloway breaks down the charts and macro data like nothing ever available to the public. Usually kept for institutions, Gareth reveals tactics, trade levels and analysis that will blow your mind and make you a BETTER investor/trader. He covers stocks, commodities and crypto and will walk you through everything you need for
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