$BTC
Don't look at your feet, look 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 the next:
1. US Federal Meeting (May 6-7):
Anticipation for interest rate decisions or hints of a near cut. Direct impact on Bitcoin.
2. US Inflation Data (May 15):
Rising inflation pressures the market, while a decrease 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 such as wars... this is possible at any time..... or tightening laws may cause market fluctuations.
5. US Executive Order to Create a Bitcoin Reserve:
A long-term positive step, enhancing institutional trust, but this may depend on the political environment and developments; there could be obstacles...
Good luck to everyone 🤲
