🔥Bitcoin price remains stable awaiting the FOMC meeting 👀
The price of #bitcoin and other digital assets are waiting for the #FOMC meeting (Federal Reserve meeting), which will take place on Wednesday. In this meeting, the Federal Reserve will once again decide on interest rates.
According to Fedwatch, there is a 95.6% probability that the Federal Reserve will keep interest rates stable at 4.25% and 4.5%. The #mercado not only awaits the outcome of the interest rates but also the subsequent press conference by the #Fed chairman Jerome Powell.
Whether interest rates are maintained or modified, the crypto market reacts to this decision with a high #Volatilidad . According to historical data, three of the last five FOMC decisions led to bullish outcomes for Bitcoin.
Do you think Bitcoin will continue its upward momentum or will it be a bull trap?
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