$BTC
Don't look at your feet, look far away to clarify the path for you.
This is a brief summary of the most important economic events that may affect cryptocurrencies this week and next week:
1. U.S. Federal Reserve Meeting (May 6-7):
Anticipation of interest rate decisions or hints for a possible cut. Direct impact on Bitcoin.
2. U.S. Inflation Data (May 15):
Rising inflation pressures the market, while a decline supports cryptocurrencies.
3. SEC Decisions on ETF Funds:
Approval of Bitcoin or Ethereum funds may drive prices up, but remember well that there is no rise before a drop to if🐳🐳🐳
4. Geopolitical and Regulatory Tensions:
Events like wars... this is possible at any time... or tightening regulations may cause market fluctuations.
5. U.S. Executive Order to Create a Bitcoin Reserve:
A long-term positive step, enhancing institutional confidence, but this depends on whether the political environment and developments allow it; there may be obstacles...
Good luck to everyone🤲