Today's Federal Reserve meeting, led by Jerome Powell, is highly anticipated, especially with Donald Trump's presidency potentially impacting the market ๐ค. Bitcoin's price is expected to fluctuate wildly, potentially dropping to $90,000 or $75,000 if the reaction is negative, or surging to $120,000, $115,000, or $110,000 if positive ๐.
Historically, Bitcoin's price has been affected by US presidential elections, with previous winners sparking rallies ๐. For instance, after Donald Trump's 2016 win, Bitcoin's price jumped 2,700% and peaked in just 400 days ๐.
It's essential to be cautious, as market manipulation is a concern, especially with Trump's involvement ๐จ. Bitcoin's price has already fallen by 9,000 points since the news broke, or risen, depending on the reaction ๐.
Remember, investing in cryptocurrency is a long game, and it's crucial to be informed and strategic ๐.
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