mehmetwehbe
--
Bullish
#BTCPrediction
Is Bitcoin really approaching an attempt to break the 100k level?
Any positive talk today or hint about a plan to reduce interest rates during June or thereafter will be positive, and the opposite is true.
📄 The main news today will be
⏰ The market is expecting and pricing in that there has been no interest rate cut for two months, and Powell confirmed this at the beginning of April.
◀️ What matters now is Powell's speech, as some data indicates that there will not be a cut in June, and the meeting regarding this issue will be on June 18.
◀️ In previous speeches, Powell was adamant that there would be no cut before June, and this is what we need to know from his speech; otherwise, his other comments are a repetition of what has been known for two years.
⌛️ Interest rate decision on Wednesday at 21:00 Lebanon/Saudi Arabia time.
📄 Powell's speech will be half an hour after the interest rate decision.
Is Bitcoin really approaching an attempt to break the 100k level?
Any positive talk today or hint about a plan to reduce interest rates during June or thereafter will be positive, and the opposite is true.
📄 The main news today will be
⏰ The market is expecting and pricing in that there has been no interest rate cut for two months, and Powell confirmed this at the beginning of April.
◀️ What matters now is Powell's speech, as some data indicates that there will not be a cut in June, and the meeting regarding this issue will be on June 18.
◀️ In previous speeches, Powell was adamant that there would be no cut before June, and this is what we need to know from his speech; otherwise, his other comments are a repetition of what has been known for two years.
⌛️ Interest rate decision on Wednesday at 21:00 Lebanon/Saudi Arabia time.
📄 Powell's speech will be half an hour after the interest rate decision.
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