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Post by Alexis on Nov 16, 2022 13:06:49 GMT -5
BTCUSD has lost more than half of his historical maximum. What will happen to him next? Does anyone have information on this?
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Post by Esper on Nov 16, 2022 13:09:44 GMT -5
At the moment, the markets are undecided in their expectations regarding the Fed's next move. Analysts expect a 50 basis point rate hike and a 48% chance of a 75 basis point rate hike. The Fed's next step will be determined by Bureau statistics. Here you can read the latest news on this topic fbs.com/analytics/articles/btcusd-the-bottom-is-near-36973 here it is indicated how BTCUSD will behave further. I believe the Fed may remain hawkish as the labor market is now overheated despite falling demand.
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