#PowellRemarks The current economic policy of the Federal Reserve, under the leadership of Jerome Powell, is characterized by a cautious and wait-and-see approach, primarily due to the uncertainty surrounding the impact of tariffs and inflationary dynamics. Here is a brief analysis:
1. Maintaining Interest Rates: the Fed recently kept its key rate unchanged;
2. Inflation and Tariffs
Jerome Powell is navigating a complex economic environment. The Fed is faced with the necessity of controlling inflation while avoiding excessive economic slowdown, all under the threat of tariffs that could fuel new price pressures. Its current strategy is one of caution and observation, prioritizing the collection of additional data before making any major decisions on interest rates. The persistent strength of the labor market gives the Fed the necessary leeway to adopt this wait-and-see approach. These decisions have repercussions on $BTC , on $XRP and on $BNB .
THE CRYPTOCURRENCY MARKET:
General Trends and Current Context.
* Correction and consolidation: The cryptocurrency market as a whole experienced a regression this week, with a total market capitalization decrease of 4.08% compared to last week. $BTC , while resilient, is trading in a narrow range and is undergoing a correction phase, with some analysts mentioning a "calm before the storm" with a potential for significant upward movement ahead.
* Geopolitical influence: Tensions in the Middle East (Israel-Iran conflict) are impacting markets, including cryptocurrencies. There have been drops $BTC related to these events, but also remarkable resilience, suggesting that geopolitical events can present buying opportunities.
ONE OF THE STRATEGIES TO BETTER INVEST IN BITCOIN DURING THIS PERIOD
Here is a strategy to potentially make money with Bitcoin, taking into account the volatile nature of the cryptocurrency market. It is crucial to understand that any investment strategy carries risks, and there are no guarantees of profits. Fundamental principles to always keep in mind:
* Bitcoin is volatile: Its price can fluctuate significantly in a short time. Be prepared for ups and downs.
* Only risk what you can afford to lose: Never invest money that you might need for essential expenses.
* Do your own research: Do not rely solely on others' advice. Understand the fundamentals of Bitcoin and market trends.
* Patience is a virtue: Significant gains in Bitcoin are often realized over the long term.
Proposed strategy: This strategy combines elements of long-term investment with risk management techniques and active monitoring. Assessment of the current situation:
* Halving: Bitcoin's halving (reduction of miners' rewards) took place in April of last year. Historically, halvings have often preceded bull markets, but the effect is not immediate and may take time to fully manifest. We are thus in a period where post-halving effects should start to become more visible.
* Macro-economic environment: What are the interest rates? Is inflation under control? Are there any major geopolitical tensions? These factors influence risk appetite and thus assets like Bitcoin. Good luck to you!
Winning on Binance requires a strategic, disciplined, and well-informed approach. There is no magic formula for guaranteed profits, but here is a brief strategy to increase your chances of success.
Before placing a single trade, knowledge is your greatest asset. * Understand the Basics of Blockchain and Cryptocurrencies: Familiarize yourself with fundamental concepts such as decentralization, smart contracts, different types of consensus (Proof of Work, Proof of Stake), etc.
* Master Technical Analysis: Learn to read price charts, identify trends, support and resistance levels, and use technical indicators like moving averages (MA), the Relative Strength Index (RSI), MACD, Bollinger Bands, etc. Many tutorials are available for free online.
* Get Acquainted with Fundamental Analysis: Understand how to evaluate a cryptocurrency project. This includes the team behind the project, its technology, its use case, its roadmap, market capitalization, trading volume, and general market news.
* Study Binance: Learn to navigate the platform, understand the different types of orders (market, limit, stop-limit, OCO), transaction fees, and security features.
* Setting Goals and Risk Management. A strategy without clear goals and rigorous risk management is doomed to fail.
How interesting it is to earn with Binance. It's a matter of writing every day and you can make money. #Binance #Write2Earn . By the way, to earn in investment on $XRP , $BTC $BNB , it is important to properly diversify your capital and wait for the right moment to enter a position. There are also several other ways to earn on #Binance . It is a matter of frequently checking the section dedicated to rewards or the tasks to complete each day to earn #USDT or others. This is my first post. I need your support to improve my style and my analyses on Binance and help you achieve your goals. Thank you!