Home Bitcoin News 20-30 % Blood Bath like March of 2020 in Bitcoin Market If Fed Hikes Interest Rate

20-30 % Blood Bath like March of 2020 in Bitcoin Market If Fed Hikes Interest Rate

20-30 % Blood Bath like March of 2020 in Bitcoin Market

Alex Mashinshy, founder and CEO of Celsius Network pointing to a trend chart stated:  “If this is true then tomorrow at 2pm BTC will be flying high.”

Community Reaction:  Interesting chart. I assume the rate-hike odds are based on markets rather than inflation which is currently the issue though. Fed is certainly in a tricky spot.

Steady decrease in supply on exchanges. Don’t judge BTC by the day swing traders, it’s a long time horizon asset. IMO, lower the price the more accumulation til supply gets squeezed and it’ll never be correlated to equity markets again.

P.S. if BTC was a hedge? It would not be a dumpster fire following the NASDAQ. We are going to $20K the USA miners will get margin called. End of story, Greed will prove its dirty lol secret as it rug pulls any moron to buy the “dip.”

Why would the fed NOT hike rates? He will because inflation is sky high…he has to but maybe his narrative is softer.

The only reason I could see them not raising rates is because it’s an election year. Dems would lose control of house and Senate if markets got out of hand people’s 401Ks and saving were significantly impacted. Will Dems risk destroying the market?

Rate hike in March was essentially just priced in with the markets performance over the last 10 days. The action today will come from the fed future sentiment on how many future hikes and the estimated timeframe. If the future news and follow ups w Powell is dove, we bounce.

If the news is hawkish, I’d expect to see a 20-30 % blood bath like March of 20 when coronavirus first dumped the market.

Those are the perceived odds by investors. Those aren’t the real odds. They could do anything tomorrow. My concern is even if it’s good news, come March they will need to do something. Not good considering months out anticipation of this meeting has led to this correction.

Singapore’s MAS has already surprised with a “hike” of their policy band. I would not be surprised if Fed did the same and raised interest rates in this meeting. They have signalled a lot already and the inflation is just getting worse. The market is not pricing this in.

The Fed wil raise rates.  Or else the world will know they ZIRP’d the US economy to death..

 

 

 

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Julie J

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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