Will BTC break out from this huge trendline?
Hi all,
Since November we are in a downtrend, but is this week the moment that we will break out from this huge trendline?
If we do, then we will go back in an upwards trend.
I think the FOMC meeting of today will determine which direction we will go.
I think the FED won't increase the rates much higher than it was already decided in December.
They decided to increase 2 times the interest rates this year with 0.25% each time, starting from March.
Next year they would increase it 4 times.
That would mean a bullish move for the crypto market but also the stock market, NFA.
What do you guys think?
please like and follow me.
Since November we are in a downtrend, but is this week the moment that we will break out from this huge trendline?
If we do, then we will go back in an upwards trend.
I think the FOMC meeting of today will determine which direction we will go.
I think the FED won't increase the rates much higher than it was already decided in December.
They decided to increase 2 times the interest rates this year with 0.25% each time, starting from March.
Next year they would increase it 4 times.
That would mean a bullish move for the crypto market but also the stock market, NFA.
What do you guys think?
please like and follow me.
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