Looking through this year's calendar, I found a wicked pattern: every time the Federal Reserve holds a FOMC meeting, Bitcoin has to kneel almost once. After seven meetings, six of them ended green, and the winning rate was really speechless.
In January, the wave directly retraced 27%, and at the time it was thought to be a black swan. As a result, October was even more ruthless, plummeting nearly 30% in a single month, and seeing that the market value evaporated by nearly 30% in a day, the bulls were directly numb. The only surviving May small rebound of 15%, now that I think about it, it's like a dream, I can't keep it at all.
The market sentiment is actually quite excited this time, with interest rate cut expectations reaching 89%, and BTC has also risen a few days ago. But the old leek knows in his heart - this is the routine every time. As soon as Powell's press conference opened, the volatility took off directly, and the pullback was never absent.
The price is currently tug-of-war around $90,000, and the last meeting tonight is about to start. Is it to break the curse of six consecutive declines, or to continue to stage the same script? To be honest, it's really hard to guess. It is recommended to control the position, after all, in front of the Fed, any technical indicator may fail in an instant. Qingcang waits and sees, and only by living can he see the sun tomorrow.
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LightningAllInHero
· 12-10 08:44
Six consecutive falls, brother, I'm too familiar with this rhythm, every time Powell opens his mouth, I know I'm going to drop the chain
Ninety thousand is really uncomfortable here, watching the show is the king
In front of the Fed, the gods are all in vain, don't mess with any technical aspects
Let's talk about it after the meeting in the evening, living is the most important thing
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GateUser-a5fa8bd0
· 12-10 08:40
Six consecutive declines were folded on Powell's mouth, and I really don't dare to look forward to it this time, so it's better to take a light position
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GweiWatcher
· 12-10 08:39
The curse of six consecutive declines is really amazing, Powell has to kneel as soon as he opens his mouth to BTC, this is not a coincidence but a law
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MetaverseVagabond
· 12-10 08:34
The curse of six consecutive falls should really be broken once, and if this continues, I will go bankrupt
Looking through this year's calendar, I found a wicked pattern: every time the Federal Reserve holds a FOMC meeting, Bitcoin has to kneel almost once. After seven meetings, six of them ended green, and the winning rate was really speechless.
In January, the wave directly retraced 27%, and at the time it was thought to be a black swan. As a result, October was even more ruthless, plummeting nearly 30% in a single month, and seeing that the market value evaporated by nearly 30% in a day, the bulls were directly numb. The only surviving May small rebound of 15%, now that I think about it, it's like a dream, I can't keep it at all.
The market sentiment is actually quite excited this time, with interest rate cut expectations reaching 89%, and BTC has also risen a few days ago. But the old leek knows in his heart - this is the routine every time. As soon as Powell's press conference opened, the volatility took off directly, and the pullback was never absent.
The price is currently tug-of-war around $90,000, and the last meeting tonight is about to start. Is it to break the curse of six consecutive declines, or to continue to stage the same script? To be honest, it's really hard to guess. It is recommended to control the position, after all, in front of the Fed, any technical indicator may fail in an instant. Qingcang waits and sees, and only by living can he see the sun tomorrow.