Thursday 5 May 2022

Bitcoin Post FOMC

The price of #Bitcoin rallied a bit following the #Fed #FOMC meeting earlier today. The #Fed was slightly more dovish that many investors expected, saying that 75 bps rate hikes were not even being considered. After the #Fed announced this, while also discussing the current rate hike of only 50 bps, we saw risk-on assets like #Bitcoin rally. What should we watch for in this move higher? TA Video by Benjamin Cowen.



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