Bitcoin BTC price analysis + FED rates
2025-01-29
Category: None

Here is a  CRYPTOCAP:BTC  chart on which we have marked the days on which the Fed rates announced + #Trump inauguration as a bonus)
Everyone can compare for themselves how the market reacted to the US macroeconomic data.
❗️  Today at 19.00 UTC, another update of the Fed's rate - the forecast is that it will remain unchanged at 4.50%, and if so, this is a pretty good option against the backdrop of rising inflation.
🔴The worst-case scenario for the  OKX:BTCUSDT   price is a drop to the range of $92-94k (+ we keep in mind a possible squeeze to $ 88K, especially on futures, in order to “remove” all the longs' stops in consolidation over the past 3 months)
🟢 It will be great if BTC.D also falls with the fall of #Bitcoin (and it has room to fall) - this will allow altcoins, which are already at the bottom, not to spill too much.
The next announcement of the Fed's rate is on March 19, which means that a 1.5-month window will open, during which the market will have every chance to “come to life”
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