$BTC The market is discounting the expected drop of 25 basis points in the interest rate by the Federal Reserve. More liquidity and lower borrowing costs are a perfect recipe to inject risk into assets such as cryptocurrencies and tech stocks. As a result, we see how gold and silver lose their shine (with declines exceeding 3% as investors return to higher-risk assets.
The focus is now on the meeting that Trump and China will hold this Thursday.
With these favorable winds (trade agreement and dovish Fed), are we on the verge of Bitcoin decisively surpassing the barrier of $120,000 in the coming days?
COMMENT! 😉
Follow our analysis so you don't miss a detail of this exciting rise! 📈❤️