BITCOIN - Mind The Feds in 4 & 1/2 Hours from now
BITCOIN is allergic to rate hikes and the Federal Reserve and the time to watch out is in 4 and a half hours from now.
At 19:00 London time, the Feds are releasing their FOMC Meeting Minutes.
In other words, if the minutes are hawkish (rate hikes), then Bitcoin and indices might take some losses today.
If you are wishing for Dovish minutes (no rate hikes, or eased/relaxed comments) it's most likely wishful thinking.
Let's go step by step and see how things go but keep in mind and be prepared:
VOLATILITY INBOUND!
One Love,
the FXPROFESSOR
At 19:00 London time, the Feds are releasing their FOMC Meeting Minutes.
In other words, if the minutes are hawkish (rate hikes), then Bitcoin and indices might take some losses today.
If you are wishing for Dovish minutes (no rate hikes, or eased/relaxed comments) it's most likely wishful thinking.
Let's go step by step and see how things go but keep in mind and be prepared:
VOLATILITY INBOUND!
One Love,
the FXPROFESSOR
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